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 | 2400 | 5112 | 6100 | 200 | 6300 | -1188 |
Hubei | 10900 | 2300 | 5066 | 6200 | 210 | 6410 | -1344 |
Average | 10875 | 2343 | 5255 | 6220 | 225 | 6445 | -1190 |
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 | 9970 | 2420 | 5518 | 4497 | 170 | 4667 | 851 |
Guangdong | 9870 | 2490 | 5515 | 4497 | 170 | 4667 | 848 |
Fujian | 9870 | 2500 | 5520 | 4497 | 170 | 4667 | 853 |
Average | 9903 | 2470 | 5518 | 4497 | 170 | 4667 | 851 |