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 | 2930 | 5668 | 6120 | 200 | 6320 | -652 |
Hubei | 11400 | 2600 | 5418 | 6300 | 210 | 6510 | -1092 |
Average | 11475 | 2700 | 5680 | 6365 | 225 | 6590 | -910 |
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 | 11140 | 2960 | 6307 | 6059 | 170 | 6229 | 78 |
Guangdong | 11240 | 3010 | 6376 | 6059 | 170 | 6229 | 147 |
Fujian | 11090 | 2970 | 6291 | 6059 | 170 | 6229 | 62 |
Average | 11157 | 2980 | 6325 | 6059 | 170 | 6229 | 96 |