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 | 2580 | 5220 | 6120 | 200 | 6320 | -1100 |
Hubei | 10900 | 2300 | 5066 | 6300 | 210 | 6510 | -1444 |
Average | 10875 | 2388 | 5281 | 6365 | 225 | 6590 | -1309 |
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 | 10230 | 2550 | 5699 | 4724 | 170 | 4894 | 805 |
Guangdong | 10130 | 2610 | 5690 | 4724 | 170 | 4894 | 796 |
Fujian | 10130 | 2620 | 5696 | 4724 | 170 | 4894 | 802 |
Average | 10163 | 2593 | 5695 | 4724 | 170 | 4894 | 801 |