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 | 10330 | 2350 | 4922 | 5060 | 200 | 5260 | -338 |
Hubei | 10270 | 2300 | 4855 | 5240 | 210 | 5450 | -595 |
Average | 10325 | 2308 | 5038 | 5160 | 225 | 5385 | -347 |
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 | 9650 | 2360 | 5351 | 3822 | 170 | 3992 | 1359 |
Guangdong | 9640 | 2430 | 5385 | 3822 | 170 | 3992 | 1393 |
Fujian | 9690 | 2380 | 5379 | 3822 | 170 | 3992 | 1387 |
Average | 9660 | 2390 | 5372 | 3822 | 170 | 3992 | 1380 |