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 | 2290 | 4128 | 5060 | 200 | 5260 | -1132 |
Hubei | 8000 | 2300 | 4095 | 5240 | 210 | 5450 | -1356 |
Average | 8238 | 2310 | 4299 | 5160 | 225 | 5385 | -1086 |
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 | 7460 | 2300 | 4473 | 3538 | 170 | 3708 | 765 |
Guangdong | 7600 | 2350 | 4561 | 3538 | 170 | 3708 | 853 |
Fujian | 7600 | 2390 | 4583 | 3538 | 170 | 3708 | 875 |
Average | 7553 | 2347 | 4539 | 3538 | 170 | 3708 | 831 |