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 | 2300 | 4134 | 5060 | 200 | 5260 | -1126 |
Hubei | 8000 | 2300 | 4095 | 5240 | 210 | 5450 | -1356 |
Average | 8550 | 2295 | 4401 | 5160 | 225 | 5385 | -984 |
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 | 8690 | 2270 | 4985 | 3579 | 170 | 3749 | 1236 |
Guangdong | 8680 | 2350 | 5025 | 3579 | 170 | 3749 | 1276 |
Fujian | 8610 | 2360 | 5000 | 3579 | 170 | 3749 | 1251 |
Average | 8660 | 2327 | 5004 | 3579 | 170 | 3749 | 1255 |