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 | 2320 | 4452 | 5060 | 200 | 5260 | -808 |
Hubei | 9000 | 2300 | 4430 | 5240 | 210 | 5450 | -1021 |
Average | 9450 | 2300 | 4723 | 5160 | 225 | 5385 | -662 |
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 | 9310 | 2260 | 5153 | 3799 | 170 | 3969 | 1184 |
Guangdong | 9260 | 2360 | 5187 | 3799 | 170 | 3969 | 1218 |
Fujian | 9280 | 2300 | 5163 | 3799 | 170 | 3969 | 1194 |
Average | 9283 | 2307 | 5168 | 3799 | 170 | 3969 | 1199 |