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 | 11800 | 2650 | 5707 | 6840 | 250 | 7090 | -1383 |
Jiangsu | 10800 | 2620 | 5285 | 6200 | 240 | 6440 | -1155 |
Anhui | 11500 | 2700 | 5530 | 6120 | 200 | 6320 | -790 |
Hubei | 10900 | 2600 | 5251 | 6300 | 210 | 6510 | -1260 |
Average | 11250 | 2643 | 5566 | 6365 | 225 | 6590 | -1024 |
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 | 10500 | 2680 | 5884 | 4827 | 170 | 4997 | 887 |
Guangdong | 10500 | 2760 | 5928 | 4827 | 170 | 4997 | 931 |
Fujian | 10500 | 2770 | 5934 | 4827 | 170 | 4997 | 937 |
Average | 10500 | 2737 | 5915 | 4827 | 170 | 4997 | 918 |