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Crush Margins for Domestic and Imported Rapeseed in China--4/22/2021

2021-04-22 www.cofeed.com
Crush Margins for Domestic Rapeseed (at average cost of in-mill stocks)
Region Income (CNY/tonne) Expenditure  (CNY/tonne) Margin
Rapeseed Oil Rapeseed Meal Total Rapeseed Crush Cost Total
Sichuan 11300 2550 5472 6400 250 6650 -1178
Jiangsu 11700 2690 5637 5600 240 5840 -203
Anhui 11800 2800 5692 5700 200 5900 -208
Hubei 11400 2550 5387 6200 210 6410 -1023
Average 11550 2648 5676 5975 225 6200 -524

 

 

Theoretical Crush Margins for Imported Rapeseed (at intraday duty-paid price)
Region Income  (CNY/tonne) Expenditure (CNY/tonne) Margin
Rapeseed Oil Rapeseed Meal Total Rapeseed Crush Cost Total
Guangxi 10840 2840 6115 6999 170 7169 -1054
Guangdong 10970 2920 6213 6999 170 7169 -956
Fujian 10870 2880 6149 6999 170 7169 -1020
Average 10893 2880 6159 6999 170 7169 -1010