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 | 2350 | 4470 | 5060 | 200 | 5260 | -790 |
Hubei | 9000 | 2300 | 4430 | 5240 | 210 | 5450 | -1021 |
Average | 9450 | 2308 | 4728 | 5160 | 225 | 5385 | -657 |
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 | 9230 | 2400 | 5197 | 3826 | 170 | 3996 | 1201 |
Guangdong | 9250 | 2460 | 5238 | 3826 | 170 | 3996 | 1242 |
Fujian | 9250 | 2420 | 5216 | 3826 | 170 | 3996 | 1220 |
Average | 9243 | 2427 | 5217 | 3826 | 170 | 3996 | 1221 |