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 | 2300 | 4270 | 5060 | 200 | 5260 | -990 |
Hubei | 9000 | 2300 | 4430 | 5240 | 210 | 5450 | -1021 |
Average | 9150 | 2295 | 4614 | 5160 | 225 | 5385 | -771 |
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 | 9260 | 2260 | 5225 | 3717 | 170 | 3887 | 1338 |
Guangdong | 9280 | 2340 | 5277 | 3717 | 170 | 3887 | 1390 |
Fujian | 9280 | 2330 | 5272 | 3717 | 170 | 3887 | 1385 |
Average | 9273 | 2310 | 5258 | 3717 | 170 | 3887 | 1371 |