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 | 6040 | 200 | 6240 | -1312 |
Hubei | 10350 | 2300 | 4882 | 6200 | 210 | 6410 | -1528 |
Average | 10428 | 2318 | 5081 | 6155 | 225 | 6380 | -1299 |
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 | 9800 | 2540 | 5513 | 4153 | 170 | 4323 | 1190 |
Guangdong | 9850 | 2520 | 5523 | 4153 | 170 | 4323 | 1200 |
Fujian | 9800 | 2450 | 5464 | 4153 | 170 | 4323 | 1141 |
Average | 9817 | 2503 | 5500 | 4153 | 170 | 4323 | 1177 |