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 | 10400 | 2330 | 4974 | 5000 | 240 | 5240 | -266 |
Anhui | 9980 | 2350 | 4803 | 5060 | 200 | 5260 | -457 |
Hubei | 10270 | 2300 | 4855 | 5240 | 210 | 5450 | -595 |
Average | 10238 | 2308 | 5007 | 5160 | 225 | 5385 | -378 |
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 | 9640 | 2390 | 5363 | 3868 | 170 | 4038 | 1325 |
Guangdong | 9660 | 2460 | 5410 | 3868 | 170 | 4038 | 1372 |
Fujian | 9660 | 2410 | 5383 | 3868 | 170 | 4038 | 1345 |
Average | 9653 | 2420 | 5385 | 3868 | 170 | 4038 | 1347 |