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 | 9800 | 2330 | 4767 | 5000 | 240 | 5240 | -473 |
Anhui | 8500 | 2320 | 4282 | 5060 | 200 | 5260 | -978 |
Hubei | 9000 | 2300 | 4430 | 5240 | 210 | 5450 | -1021 |
Average | 9200 | 2300 | 4635 | 5160 | 225 | 5385 | -751 |
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 | 9140 | 2230 | 5065 | 3733 | 170 | 3903 | 1162 |
Guangdong | 9100 | 2300 | 5087 | 3733 | 170 | 3903 | 1184 |
Fujian | 9120 | 2300 | 5095 | 3733 | 170 | 3903 | 1192 |
Average | 9120 | 2277 | 5083 | 3733 | 170 | 3903 | 1180 |