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 | 9000 | 2290 | 4434 | 5060 | 200 | 5260 | -826 |
Hubei | 9000 | 2300 | 4430 | 5240 | 210 | 5450 | -1021 |
Average | 9450 | 2293 | 4719 | 5160 | 225 | 5385 | -666 |
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 | 8960 | 2260 | 5006 | 3758 | 170 | 3928 | 1078 |
Guangdong | 8980 | 2350 | 5064 | 3758 | 170 | 3928 | 1136 |
Fujian | 9030 | 2320 | 5069 | 3758 | 170 | 3928 | 1141 |
Average | 8990 | 2310 | 5046 | 3758 | 170 | 3928 | 1118 |