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 | 8300 | 2350 | 4232 | 5060 | 200 | 5260 | -1028 |
Hubei | 8000 | 2300 | 4095 | 5240 | 210 | 5450 | -1356 |
Average | 8600 | 2308 | 4426 | 5160 | 225 | 5385 | -959 |
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 | 9000 | 2330 | 5152 | 3616 | 170 | 3786 | 1366 |
Guangdong | 9020 | 2420 | 5210 | 3616 | 170 | 3786 | 1424 |
Fujian | 9020 | 2430 | 5215 | 3616 | 170 | 3786 | 1429 |
Average | 9013 | 2393 | 5192 | 3616 | 170 | 3786 | 1406 |