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 | 8500 | 2360 | 4306 | 5060 | 200 | 5260 | -954 |
Hubei | 8800 | 2300 | 4363 | 5240 | 210 | 5450 | -1088 |
Average | 9000 | 2310 | 4569 | 5160 | 225 | 5385 | -816 |
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 | 9110 | 2290 | 5177 | 3771 | 170 | 3941 | 1236 |
Guangdong | 9090 | 2370 | 5212 | 3771 | 170 | 3941 | 1271 |
Fujian | 9090 | 2360 | 5207 | 3771 | 170 | 3941 | 1266 |
Average | 9097 | 2340 | 5199 | 3771 | 170 | 3941 | 1258 |