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 | 11600 | 2950 | 5714 | 6120 | 200 | 6320 | -606 |
Hubei | 11400 | 2600 | 5418 | 6300 | 210 | 6510 | -1092 |
Average | 11500 | 2705 | 5692 | 6365 | 225 | 6590 | -898 |
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 | 10990 | 2960 | 6244 | 6248 | 170 | 6418 | -174 |
Guangdong | 11090 | 3010 | 6313 | 6248 | 170 | 6418 | -105 |
Fujian | 10940 | 2970 | 6228 | 6248 | 170 | 6418 | -190 |
Average | 11007 | 2980 | 6262 | 6248 | 170 | 6418 | -156 |