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 | 11500 | 2670 | 5512 | 6120 | 200 | 6320 | -808 |
Hubei | 10900 | 2300 | 5066 | 6300 | 210 | 6510 | -1444 |
Average | 11050 | 2410 | 5357 | 6365 | 225 | 6590 | -1233 |
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 | 10490 | 2650 | 5863 | 4839 | 170 | 5009 | 854 |
Guangdong | 10440 | 2720 | 5881 | 4839 | 170 | 5009 | 872 |
Fujian | 10440 | 2740 | 5892 | 4839 | 170 | 5009 | 883 |
Average | 10457 | 2703 | 5879 | 4839 | 170 | 5009 | 870 |