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 | 9630 | 2540 | 5442 | 4128 | 170 | 4298 | 1144 |
Guangdong | 9680 | 2540 | 5463 | 4128 | 170 | 4298 | 1165 |
Fujian | 9630 | 2440 | 5387 | 4128 | 170 | 4298 | 1089 |
Average | 9547 | 2513 | 5392 | 4128 | 170 | 4298 | 1094 |