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 | 9000 | 2250 | 4489 | 5340 | 250 | 5590 | -1101 |
Jiangsu | 9100 | 2330 | 4526 | 5000 | 240 | 5240 | -714 |
Anhui | 8100 | 2280 | 4122 | 5060 | 200 | 5260 | -1138 |
Hubei | 8000 | 2300 | 4095 | 5240 | 210 | 5450 | -1356 |
Average | 8550 | 2290 | 4398 | 5160 | 225 | 5385 | -987 |
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 | 8450 | 2250 | 4871 | 3570 | 170 | 3740 | 1131 |
Guangdong | 8380 | 2340 | 4890 | 3570 | 170 | 3740 | 1150 |
Fujian | 8370 | 2320 | 4875 | 3570 | 170 | 3740 | 1135 |
Average | 8400 | 2303 | 4879 | 3570 | 170 | 3740 | 1139 |