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 | 10600 | 2250 | 5049 | 5340 | 250 | 5590 | -541 |
Jiangsu | 10300 | 2330 | 4940 | 5000 | 240 | 5240 | -300 |
Anhui | 10330 | 2330 | 4910 | 5060 | 200 | 5260 | -350 |
Hubei | 10270 | 2300 | 4855 | 5240 | 210 | 5450 | -595 |
Average | 10375 | 2303 | 5053 | 5160 | 225 | 5385 | -332 |
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 | 9380 | 2300 | 5205 | 3802 | 170 | 3972 | 1233 |
Guangdong | 9360 | 2410 | 5257 | 3802 | 170 | 3972 | 1285 |
Fujian | 9400 | 2350 | 5241 | 3802 | 170 | 3972 | 1269 |
Average | 9380 | 2353 | 5234 | 3802 | 170 | 3972 | 1262 |