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 | 2300 | 4440 | 5060 | 200 | 5260 | -820 |
Hubei | 9000 | 2300 | 4430 | 5240 | 210 | 5450 | -1021 |
Average | 9450 | 2295 | 4720 | 5160 | 225 | 5385 | -665 |
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 | 9090 | 2300 | 5083 | 3806 | 170 | 3976 | 1107 |
Guangdong | 9060 | 2380 | 5114 | 3806 | 170 | 3976 | 1138 |
Fujian | 9160 | 2350 | 5140 | 3806 | 170 | 3976 | 1164 |
Average | 9103 | 2343 | 5112 | 3806 | 170 | 3976 | 1136 |