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 | 6840 | 250 | 7090 | -1842 |
Jiangsu | 10800 | 2320 | 5106 | 6200 | 240 | 6440 | -1334 |
Anhui | 11000 | 2650 | 5330 | 6120 | 200 | 6320 | -990 |
Hubei | 10900 | 2300 | 5066 | 6300 | 210 | 6510 | -1444 |
Average | 10925 | 2405 | 5309 | 6365 | 225 | 6590 | -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 | 10210 | 2600 | 5718 | 4771 | 170 | 4941 | 777 |
Guangdong | 10160 | 2660 | 5730 | 4771 | 170 | 4941 | 789 |
Fujian | 10180 | 2690 | 5755 | 4771 | 170 | 4941 | 814 |
Average | 10183 | 2650 | 5734 | 4771 | 170 | 4941 | 793 |