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 | 6200 | 250 | 6450 | -1401 |
Jiangsu | 10300 | 2330 | 4940 | 5600 | 240 | 5840 | -900 |
Anhui | 10330 | 2330 | 4910 | 5500 | 200 | 5700 | -790 |
Hubei | 10270 | 2300 | 4855 | 5800 | 210 | 6010 | -1155 |
Average | 10375 | 2303 | 5053 | 5775 | 225 | 6000 | -947 |
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 | 9430 | 2310 | 5231 | 3780 | 170 | 3950 | 1281 |
Guangdong | 9430 | 2400 | 5281 | 3780 | 170 | 3950 | 1331 |
Fujian | 9430 | 2330 | 5242 | 3780 | 170 | 3950 | 1292 |
Average | 9430 | 2347 | 5251 | 3780 | 170 | 3950 | 1301 |