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Crush Margins for Domestic and Imported Rapeseed in China--4/26/2021

2021-04-26 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 11190 2890 6289 7194 170 7364 -1075
Guangdong 11320 2960 6382 7194 170 7364 -982
Fujian 11320 2940 6371 7194 170 7364 -993
Average 11277 2930 6348 7194 170 7364 -1016