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 | 2270 | 4116 | 5060 | 200 | 5260 | -1144 |
Hubei | 8000 | 2300 | 4095 | 5240 | 210 | 5450 | -1356 |
Average | 8200 | 2305 | 4282 | 5160 | 225 | 5385 | -1103 |
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 | 7050 | 2270 | 4280 | 3521 | 170 | 3691 | 589 |
Guangdong | 7230 | 2310 | 4379 | 3521 | 170 | 3691 | 688 |
Fujian | 7180 | 2350 | 4380 | 3521 | 170 | 3691 | 689 |
Average | 7153 | 2310 | 4346 | 3521 | 170 | 3691 | 655 |