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 | 9500 | 2250 | 4664 | 5340 | 250 | 5590 | -926 |
Jiangsu | 9600 | 2330 | 4698 | 5000 | 240 | 5240 | -542 |
Anhui | 8500 | 2360 | 4306 | 5060 | 200 | 5260 | -954 |
Hubei | 9000 | 2300 | 4430 | 5240 | 210 | 5450 | -1021 |
Average | 9150 | 2310 | 4623 | 5160 | 225 | 5385 | -762 |
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 | 9230 | 2270 | 5217 | 3726 | 170 | 3896 | 1321 |
Guangdong | 9230 | 2350 | 5261 | 3726 | 170 | 3896 | 1365 |
Fujian | 9240 | 2350 | 5266 | 3726 | 170 | 3896 | 1370 |
Average | 9233 | 2323 | 5248 | 3726 | 170 | 3896 | 1352 |