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 | 2630 | 5250 | 6120 | 200 | 6320 | -1070 |
Hubei | 10900 | 2300 | 5066 | 6300 | 210 | 6510 | -1444 |
Average | 10875 | 2400 | 5289 | 6365 | 225 | 6590 | -1301 |
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 | 2510 | 5606 | 4727 | 170 | 4897 | 709 |
Guangdong | 9990 | 2630 | 5642 | 4727 | 170 | 4897 | 745 |
Fujian | 9990 | 2650 | 5653 | 4727 | 170 | 4897 | 756 |
Average | 10013 | 2597 | 5634 | 4727 | 170 | 4897 | 737 |