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 | 8600 | 2300 | 4379 | 5340 | 250 | 5590 | -1212 |
Jiangsu | 8250 | 2350 | 4245 | 5000 | 240 | 5240 | -996 |
Anhui | 8100 | 2270 | 4116 | 5060 | 200 | 5260 | -1144 |
Hubei | 8000 | 2300 | 4095 | 5240 | 210 | 5450 | -1356 |
Average | 8238 | 2305 | 4296 | 5160 | 225 | 5385 | -1089 |
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 | 7290 | 2280 | 4389 | 3533 | 170 | 3703 | 686 |
Guangdong | 7470 | 2320 | 4488 | 3533 | 170 | 3703 | 785 |
Fujian | 7420 | 2360 | 4489 | 3533 | 170 | 3703 | 786 |
Average | 7393 | 2320 | 4455 | 3533 | 170 | 3703 | 752 |