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 | 9200 | 2200 | 4529 | 5340 | 250 | 5590 | -1061 |
Jiangsu | 9400 | 2330 | 4629 | 5000 | 240 | 5240 | -611 |
Anhui | 8300 | 2350 | 4232 | 5060 | 200 | 5260 | -1028 |
Hubei | 8500 | 2300 | 4262 | 5240 | 210 | 5450 | -1188 |
Average | 8850 | 2295 | 4507 | 5160 | 225 | 5385 | -878 |
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 | 8950 | 2350 | 5141 | 3601 | 170 | 3771 | 1370 |
Guangdong | 8990 | 2430 | 5202 | 3601 | 170 | 3771 | 1431 |
Fujian | 8990 | 2450 | 5213 | 3601 | 170 | 3771 | 1442 |
Average | 8977 | 2410 | 5186 | 3601 | 170 | 3771 | 1415 |