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 | 10800 | 2320 | 5106 | 6080 | 240 | 6320 | -1214 |
Anhui | 10600 | 2470 | 5086 | 6100 | 200 | 6300 | -1214 |
Hubei | 10900 | 2300 | 5066 | 6200 | 210 | 6410 | -1344 |
Average | 10825 | 2360 | 5247 | 6220 | 225 | 6445 | -1198 |
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 | 2500 | 5651 | 4460 | 170 | 4630 | 1021 |
Guangdong | 10170 | 2500 | 5646 | 4460 | 170 | 4630 | 1016 |
Fujian | 10170 | 2490 | 5641 | 4460 | 170 | 4630 | 1011 |
Average | 10173 | 2497 | 5646 | 4460 | 170 | 4630 | 1016 |