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 | 10100 | 2250 | 4874 | 5340 | 250 | 5590 | -716 |
Jiangsu | 9700 | 2330 | 4733 | 5000 | 240 | 5240 | -507 |
Anhui | 8500 | 2320 | 4282 | 5060 | 200 | 5260 | -978 |
Hubei | 9000 | 2300 | 4430 | 5240 | 210 | 5450 | -1021 |
Average | 9325 | 2300 | 4679 | 5160 | 225 | 5385 | -706 |
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 | 9300 | 2220 | 5127 | 3743 | 170 | 3913 | 1214 |
Guangdong | 9270 | 2290 | 5153 | 3743 | 170 | 3913 | 1240 |
Fujian | 9290 | 2290 | 5161 | 3743 | 170 | 3913 | 1248 |
Average | 9287 | 2277 | 5153 | 3743 | 170 | 3913 | 1240 |