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 | 10030 | 2330 | 4808 | 5500 | 200 | 5700 | -892 |
Hubei | 10050 | 2300 | 4781 | 5800 | 210 | 6010 | -1229 |
Average | 10245 | 2303 | 5007 | 5775 | 225 | 6000 | -993 |
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 | 9490 | 2310 | 5256 | 3741 | 170 | 3911 | 1345 |
Guangdong | 9470 | 2380 | 5286 | 3741 | 170 | 3911 | 1375 |
Fujian | 9490 | 2330 | 5267 | 3741 | 170 | 3911 | 1356 |
Average | 9483 | 2340 | 5270 | 3741 | 170 | 3911 | 1359 |