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 | 2400 | 4990 | 6100 | 200 | 6300 | -1310 |
Hubei | 10900 | 2300 | 5066 | 6200 | 210 | 6410 | -1344 |
Average | 10610 | 2330 | 5153 | 6220 | 225 | 6445 | -1292 |
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 | 10300 | 2590 | 5751 | 4173 | 170 | 4343 | 1408 |
Guangdong | 10300 | 2570 | 5740 | 4173 | 170 | 4343 | 1397 |
Fujian | 10360 | 2530 | 5743 | 4173 | 170 | 4343 | 1400 |
Average | 10320 | 2563 | 5744 | 4173 | 170 | 4343 | 1401 |