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 | 8600 | 2330 | 4353 | 5000 | 240 | 5240 | -887 |
Anhui | 8100 | 2300 | 4134 | 5060 | 200 | 5260 | -1126 |
Hubei | 8000 | 2300 | 4095 | 5240 | 210 | 5450 | -1356 |
Average | 8325 | 2295 | 4321 | 5160 | 225 | 5385 | -1064 |
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 | 7860 | 2230 | 4606 | 3585 | 170 | 3755 | 851 |
Guangdong | 7910 | 2320 | 4677 | 3585 | 170 | 3755 | 922 |
Fujian | 7860 | 2330 | 4661 | 3585 | 170 | 3755 | 906 |
Average | 7877 | 2293 | 4648 | 3585 | 170 | 3755 | 893 |