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 | 10800 | 2620 | 5244 | 6120 | 200 | 6320 | -1076 |
Hubei | 10900 | 2300 | 5066 | 6300 | 210 | 6510 | -1444 |
Average | 10875 | 2398 | 5287 | 6365 | 225 | 6590 | -1303 |
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 | 9890 | 2540 | 5551 | 4681 | 170 | 4851 | 700 |
Guangdong | 9850 | 2620 | 5578 | 4681 | 170 | 4851 | 727 |
Fujian | 9850 | 2630 | 5584 | 4681 | 170 | 4851 | 733 |
Average | 9863 | 2597 | 5571 | 4681 | 170 | 4851 | 720 |