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 | 2280 | 4258 | 5060 | 200 | 5260 | -1002 |
Hubei | 9000 | 2300 | 4430 | 5240 | 210 | 5450 | -1021 |
Average | 9325 | 2290 | 4673 | 5160 | 225 | 5385 | -712 |
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 | 9120 | 2200 | 5040 | 3747 | 170 | 3917 | 1123 |
Guangdong | 9020 | 2290 | 5048 | 3747 | 170 | 3917 | 1131 |
Fujian | 9170 | 2270 | 5100 | 3747 | 170 | 3917 | 1183 |
Average | 9103 | 2253 | 5062 | 3747 | 170 | 3917 | 1145 |