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 | 5800 | 240 | 6040 | -1118 |
Anhui | 10000 | 2350 | 4810 | 5700 | 200 | 5900 | -1090 |
Hubei | 10050 | 2280 | 4769 | 5800 | 210 | 6010 | -1241 |
Average | 10238 | 2273 | 4987 | 5875 | 225 | 6100 | -1113 |
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 | 9710 | 2510 | 5459 | 3714 | 170 | 3884 | 1575 |
Guangdong | 9740 | 2530 | 5482 | 3714 | 170 | 3884 | 1598 |
Fujian | 9740 | 2420 | 5422 | 3714 | 170 | 3884 | 1538 |
Average | 9730 | 2487 | 5454 | 3714 | 170 | 3884 | 1570 |