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 | 2250 | 4559 | 5340 | 250 | 5590 | -1031 |
Jiangsu | 9400 | 2330 | 4629 | 5000 | 240 | 5240 | -611 |
Anhui | 8300 | 2400 | 4262 | 5060 | 200 | 5260 | -998 |
Hubei | 8500 | 2300 | 4262 | 5240 | 210 | 5450 | -1188 |
Average | 8850 | 2320 | 4522 | 5160 | 225 | 5385 | -863 |
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 | 8860 | 2310 | 5080 | 3660 | 170 | 3830 | 1250 |
Guangdong | 8860 | 2390 | 5124 | 3660 | 170 | 3830 | 1294 |
Fujian | 8860 | 2410 | 5135 | 3660 | 170 | 3830 | 1305 |
Average | 8860 | 2370 | 5113 | 3660 | 170 | 3830 | 1283 |