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 | 11000 | 2350 | 5248 | 6500 | 250 | 6750 | -1502 |
Jiangsu | 10600 | 2320 | 5037 | 6080 | 240 | 6320 | -1283 |
Anhui | 10400 | 2420 | 4988 | 6100 | 200 | 6300 | -1312 |
Hubei | 10900 | 2300 | 5066 | 6200 | 210 | 6410 | -1344 |
Average | 10725 | 2348 | 5204 | 6220 | 225 | 6445 | -1241 |
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 | 10370 | 2460 | 5708 | 4324 | 170 | 4494 | 1214 |
Guangdong | 10340 | 2440 | 5685 | 4324 | 170 | 4494 | 1191 |
Fujian | 10340 | 2410 | 5668 | 4324 | 170 | 4494 | 1174 |
Average | 10350 | 2437 | 5687 | 4324 | 170 | 4494 | 1193 |