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 | 8500 | 2300 | 4344 | 5340 | 250 | 5590 | -1247 |
Jiangsu | 8200 | 2350 | 4227 | 5000 | 240 | 5240 | -1013 |
Anhui | 8100 | 2250 | 4104 | 5060 | 200 | 5260 | -1156 |
Hubei | 8000 | 2300 | 4095 | 5240 | 210 | 5450 | -1356 |
Average | 8200 | 2300 | 4280 | 5160 | 225 | 5385 | -1106 |
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 | 7160 | 2230 | 4305 | 3516 | 170 | 3686 | 619 |
Guangdong | 7340 | 2270 | 4405 | 3516 | 170 | 3686 | 719 |
Fujian | 7300 | 2310 | 4410 | 3516 | 170 | 3686 | 724 |
Average | 7267 | 2270 | 4373 | 3516 | 170 | 3686 | 687 |