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 | 2700 | 5530 | 6120 | 200 | 6320 | -790 |
Hubei | 10900 | 2300 | 5066 | 6300 | 210 | 6510 | -1444 |
Average | 11050 | 2418 | 5361 | 6365 | 225 | 6590 | -1229 |
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 | 10630 | 2860 | 6038 | 5032 | 170 | 5202 | 836 |
Guangdong | 10630 | 2920 | 6071 | 5032 | 170 | 5202 | 869 |
Fujian | 10630 | 2920 | 6071 | 5032 | 170 | 5202 | 869 |
Average | 10630 | 2900 | 6060 | 5032 | 170 | 5202 | 858 |