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 | 9200 | 2320 | 5140 | 3831 | 170 | 4001 | 1139 |
Guangdong | 9220 | 2380 | 5181 | 3831 | 170 | 4001 | 1180 |
Fujian | 9220 | 2340 | 5159 | 3831 | 170 | 4001 | 1158 |
Average | 9213 | 2347 | 5160 | 3831 | 170 | 4001 | 1159 |