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 | 2300 | 4790 | 5500 | 200 | 5700 | -910 |
Hubei | 10050 | 2300 | 4781 | 5800 | 210 | 6010 | -1229 |
Average | 10245 | 2295 | 5003 | 5775 | 225 | 6000 | -998 |
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 | 9400 | 2260 | 5191 | 3758 | 170 | 3928 | 1263 |
Guangdong | 9380 | 2350 | 5232 | 3758 | 170 | 3928 | 1304 |
Fujian | 9400 | 2280 | 5202 | 3758 | 170 | 3928 | 1274 |
Average | 9393 | 2297 | 5208 | 3758 | 170 | 3928 | 1280 |