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 | 9100 | 2300 | 5087 | 3822 | 170 | 3992 | 1095 |
Guangdong | 9100 | 2370 | 5126 | 3822 | 170 | 3992 | 1134 |
Fujian | 9100 | 2320 | 5098 | 3822 | 170 | 3992 | 1106 |
Average | 9100 | 2330 | 5104 | 3822 | 170 | 3992 | 1112 |