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 | 10500 | 2300 | 4991 | 5900 | 240 | 6140 | -1149 |
Anhui | 10000 | 2350 | 4810 | 5800 | 200 | 6000 | -1190 |
Hubei | 10050 | 2280 | 4769 | 5800 | 210 | 6010 | -1241 |
Average | 10288 | 2273 | 5005 | 5925 | 225 | 6150 | -1145 |
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 | 9670 | 2460 | 5414 | 3799 | 170 | 3969 | 1445 |
Guangdong | 9690 | 2510 | 5450 | 3799 | 170 | 3969 | 1481 |
Fujian | 9670 | 2400 | 5381 | 3799 | 170 | 3969 | 1412 |
Average | 9677 | 2457 | 5416 | 3799 | 170 | 3969 | 1447 |