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 | 10340 | 2500 | 5718 | 4184 | 170 | 4354 | 1364 |
Guangdong | 10340 | 2490 | 5712 | 4184 | 170 | 4354 | 1358 |
Fujian | 10380 | 2430 | 5696 | 4184 | 170 | 4354 | 1342 |
Average | 10353 | 2473 | 5708 | 4184 | 170 | 4354 | 1354 |