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 | 10300 | 2250 | 4944 | 5340 | 250 | 5590 | -646 |
Jiangsu | 10000 | 2330 | 4836 | 5000 | 240 | 5240 | -404 |
Anhui | 9980 | 2350 | 4803 | 5060 | 200 | 5260 | -457 |
Hubei | 10000 | 2300 | 4765 | 5240 | 210 | 5450 | -686 |
Average | 10070 | 2308 | 4948 | 5160 | 225 | 5385 | -437 |
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 | 9520 | 2390 | 5313 | 3849 | 170 | 4019 | 1294 |
Guangdong | 9540 | 2460 | 5360 | 3849 | 170 | 4019 | 1341 |
Fujian | 9540 | 2410 | 5332 | 3849 | 170 | 4019 | 1313 |
Average | 9533 | 2420 | 5335 | 3849 | 170 | 4019 | 1316 |