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 | 10260 | 2400 | 4928 | 6100 | 200 | 6300 | -1372 |
Hubei | 10350 | 2300 | 4882 | 6200 | 210 | 6410 | -1528 |
Average | 10428 | 2318 | 5081 | 6170 | 225 | 6395 | -1314 |
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 | 9750 | 2550 | 5498 | 4125 | 170 | 4295 | 1203 |
Guangdong | 9800 | 2550 | 5519 | 4125 | 170 | 4295 | 1224 |
Fujian | 9750 | 2460 | 5448 | 4125 | 170 | 4295 | 1153 |
Average | 9767 | 2520 | 5488 | 4125 | 170 | 4295 | 1193 |