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 | 11300 | 2650 | 5532 | 6840 | 250 | 7090 | -1558 |
Jiangsu | 11700 | 2620 | 5595 | 6200 | 240 | 6440 | -845 |
Anhui | 11500 | 2900 | 5650 | 6120 | 200 | 6320 | -670 |
Hubei | 11400 | 2600 | 5418 | 6300 | 210 | 6510 | -1092 |
Average | 11475 | 2668 | 5661 | 6365 | 225 | 6590 | -929 |
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 | 10850 | 2880 | 6141 | 5919 | 170 | 6089 | 52 |
Guangdong | 10950 | 2980 | 6238 | 5919 | 170 | 6089 | 149 |
Fujian | 10800 | 2940 | 6153 | 5919 | 170 | 6089 | 64 |
Average | 10867 | 2933 | 6177 | 5919 | 170 | 6089 | 88 |