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 | 2250 | 4349 | 5340 | 250 | 5590 | -1241 |
Jiangsu | 8250 | 2330 | 4233 | 5000 | 240 | 5240 | -1007 |
Anhui | 8100 | 2270 | 4116 | 5060 | 200 | 5260 | -1144 |
Hubei | 8000 | 2300 | 4095 | 5240 | 210 | 5450 | -1356 |
Average | 8238 | 2288 | 4286 | 5160 | 225 | 5385 | -1099 |
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 | 7630 | 2250 | 4518 | 3548 | 170 | 3718 | 800 |
Guangdong | 7750 | 2310 | 4603 | 3548 | 170 | 3718 | 885 |
Fujian | 7750 | 2330 | 4614 | 3548 | 170 | 3718 | 896 |
Average | 7710 | 2297 | 4579 | 3548 | 170 | 3718 | 861 |