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 | 2300 | 5079 | 6500 | 250 | 6750 | -1672 |
Jiangsu | 10500 | 2320 | 5003 | 6080 | 240 | 6320 | -1317 |
Anhui | 10440 | 2370 | 4972 | 6040 | 200 | 6240 | -1268 |
Hubei | 10900 | 2300 | 5066 | 6200 | 210 | 6410 | -1344 |
Average | 10610 | 2323 | 5149 | 6205 | 225 | 6430 | -1281 |
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 | 10180 | 2480 | 5640 | 4153 | 170 | 4323 | 1317 |
Guangdong | 10180 | 2470 | 5634 | 4153 | 170 | 4323 | 1311 |
Fujian | 10220 | 2400 | 5612 | 4153 | 170 | 4323 | 1289 |
Average | 10187 | 2450 | 5626 | 4153 | 170 | 4323 | 1303 |