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 | 9500 | 2330 | 4664 | 5000 | 240 | 5240 | -576 |
Anhui | 8300 | 2360 | 4238 | 5060 | 200 | 5260 | -1022 |
Hubei | 8500 | 2300 | 4262 | 5240 | 210 | 5450 | -1188 |
Average | 8875 | 2310 | 4525 | 5160 | 225 | 5385 | -860 |
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 | 8870 | 2300 | 5079 | 3663 | 170 | 3833 | 1246 |
Guangdong | 8870 | 2380 | 5123 | 3663 | 170 | 3833 | 1290 |
Fujian | 8870 | 2400 | 5134 | 3663 | 170 | 3833 | 1301 |
Average | 8870 | 2360 | 5112 | 3663 | 170 | 3833 | 1279 |