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 | 2520 | 5184 | 6100 | 200 | 6300 | -1116 |
Hubei | 10900 | 2300 | 5066 | 6200 | 210 | 6410 | -1344 |
Average | 10875 | 2373 | 5273 | 6220 | 225 | 6445 | -1172 |
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 | 10060 | 2440 | 5567 | 4616 | 170 | 4786 | 781 |
Guangdong | 9960 | 2510 | 5564 | 4616 | 170 | 4786 | 778 |
Fujian | 9960 | 2530 | 5575 | 4616 | 170 | 4786 | 789 |
Average | 9993 | 2493 | 5568 | 4616 | 170 | 4786 | 782 |