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 | 10800 | 2450 | 5142 | 6100 | 200 | 6300 | -1158 |
Hubei | 10900 | 2300 | 5066 | 6200 | 210 | 6410 | -1344 |
Average | 10875 | 2355 | 5262 | 6220 | 225 | 6445 | -1183 |
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 | 9800 | 2430 | 5453 | 4516 | 170 | 4686 | 767 |
Guangdong | 9700 | 2470 | 5433 | 4516 | 170 | 4686 | 747 |
Fujian | 9700 | 2480 | 5438 | 4516 | 170 | 4686 | 752 |
Average | 9733 | 2460 | 5441 | 4516 | 170 | 4686 | 755 |