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Crush Margins for Domestic and Imported Rapeseed in China--4/23/2021

2021-04-23 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 2850 5722 5700 200 5900 -178
Hubei 11400 2550 5387 6200 210 6410 -1023
Average 11550 2660 5683 5975 225 6200 -517

 

 

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 11020 2840 6190 7119 170 7289 -1099
Guangdong 11190 2920 6306 7119 170 7289 -983
Fujian 11150 2880 6267 7119 170 7289 -1022
Average 11120 2880 6254 7119 170 7289 -1035