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 | 9250 | 2330 | 5259 | 3595 | 170 | 3765 | 1494 |
Guangdong | 9270 | 2410 | 5312 | 3595 | 170 | 3765 | 1547 |
Fujian | 9270 | 2430 | 5323 | 3595 | 170 | 3765 | 1558 |
Average | 9263 | 2390 | 5298 | 3595 | 170 | 3765 | 1533 |