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 | 2380 | 4828 | 5900 | 200 | 6100 | -1272 |
Hubei | 10050 | 2280 | 4769 | 6100 | 210 | 6310 | -1541 |
Average | 10288 | 2303 | 5023 | 6025 | 225 | 6250 | -1227 |
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 | 9610 | 2500 | 5411 | 3734 | 170 | 3904 | 1507 |
Guangdong | 9630 | 2530 | 5436 | 3734 | 170 | 3904 | 1532 |
Fujian | 9610 | 2420 | 5367 | 3734 | 170 | 3904 | 1463 |
Average | 9617 | 2483 | 5405 | 3734 | 170 | 3904 | 1501 |