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 | 2850 | 5620 | 6120 | 200 | 6320 | -700 |
Hubei | 10900 | 2300 | 5066 | 6300 | 210 | 6510 | -1444 |
Average | 11050 | 2455 | 5383 | 6365 | 225 | 6590 | -1207 |
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 | 10740 | 2960 | 6139 | 4937 | 170 | 5107 | 1032 |
Guangdong | 10740 | 3050 | 6188 | 4937 | 170 | 5107 | 1081 |
Fujian | 10740 | 3050 | 6188 | 4937 | 170 | 5107 | 1081 |
Average | 10740 | 3020 | 6172 | 4937 | 170 | 5107 | 1065 |