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 | 2300 | 4922 | 5600 | 240 | 5840 | -918 |
Anhui | 9960 | 2260 | 4742 | 5500 | 200 | 5700 | -958 |
Hubei | 10050 | 2280 | 4769 | 5800 | 210 | 6010 | -1241 |
Average | 10228 | 2273 | 4983 | 5775 | 225 | 6000 | -1017 |
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 | 9240 | 2260 | 5124 | 3753 | 170 | 3923 | 1201 |
Guangdong | 9260 | 2350 | 5182 | 3753 | 170 | 3923 | 1259 |
Fujian | 9240 | 2280 | 5135 | 3753 | 170 | 3923 | 1212 |
Average | 9247 | 2297 | 5147 | 3753 | 170 | 3923 | 1224 |