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 | 2350 | 5108 | 6500 | 250 | 6750 | -1642 |
Jiangsu | 10500 | 2320 | 5003 | 6080 | 240 | 6320 | -1317 |
Anhui | 10300 | 2430 | 4960 | 6100 | 200 | 6300 | -1340 |
Hubei | 10900 | 2300 | 5066 | 6200 | 210 | 6410 | -1344 |
Average | 10575 | 2350 | 5152 | 6220 | 225 | 6445 | -1293 |
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 | 10150 | 2520 | 5649 | 4257 | 170 | 4427 | 1222 |
Guangdong | 10150 | 2480 | 5627 | 4257 | 170 | 4427 | 1200 |
Fujian | 10170 | 2410 | 5597 | 4257 | 170 | 4427 | 1170 |
Average | 10157 | 2470 | 5624 | 4257 | 170 | 4427 | 1197 |