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 | -1217 |
Jiangsu | 8250 | 2350 | 4245 | 5000 | 240 | 5240 | -996 |
Anhui | 8100 | 2310 | 4140 | 5060 | 200 | 5260 | -1120 |
Hubei | 8000 | 2300 | 4095 | 5240 | 210 | 5450 | -1356 |
Average | 8238 | 2315 | 4302 | 5160 | 225 | 5385 | -1083 |
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 | 7470 | 2320 | 4488 | 3555 | 170 | 3725 | 763 |
Guangdong | 7610 | 2370 | 4576 | 3555 | 170 | 3725 | 851 |
Fujian | 7610 | 2390 | 4587 | 3555 | 170 | 3725 | 862 |
Average | 7563 | 2360 | 4550 | 3555 | 170 | 3725 | 825 |