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Crush Margins for Domestic and Imported Rapeseed in China--4/28/2021

2021-04-28 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 2500 5443 6400 250 6650 -1208
Jiangsu 11700 2690 5637 5600 240 5840 -203
Anhui 11800 2860 5728 5700 200 5900 -172
Hubei 11400 2550 5387 6200 210 6410 -1023
Average 11550 2650 5677 5975 225 6200 -523

 

 

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 10960 2800 6143 7294 170 7464 -1321
Guangdong 11010 2840 6186 7294 170 7464 -1278
Fujian 11060 2850 6213 7294 170 7464 -1251
Average 11010 2830 6181 7294 170 7464 -1283