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 | 6300 | 250 | 6550 | -1501 |
Jiangsu | 10500 | 2320 | 5003 | 6080 | 240 | 6320 | -1317 |
Anhui | 10000 | 2400 | 4840 | 6100 | 200 | 6300 | -1460 |
Hubei | 10050 | 2300 | 4781 | 6100 | 210 | 6310 | -1529 |
Average | 10288 | 2318 | 5031 | 6145 | 225 | 6370 | -1339 |
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 | 9540 | 2550 | 5409 | 4041 | 170 | 4211 | 1198 |
Guangdong | 9590 | 2550 | 5430 | 4041 | 170 | 4211 | 1219 |
Fujian | 9540 | 2440 | 5349 | 4041 | 170 | 4211 | 1138 |
Average | 9557 | 2513 | 5396 | 4041 | 170 | 4211 | 1185 |