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 | 2830 | 5642 | 6120 | 200 | 6320 | -678 |
Hubei | 11400 | 2600 | 5418 | 6300 | 210 | 6510 | -1092 |
Average | 11500 | 2675 | 5674 | 6365 | 225 | 6590 | -916 |
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 | 10980 | 2800 | 6152 | 6417 | 170 | 6587 | -435 |
Guangdong | 11080 | 2910 | 6254 | 6417 | 170 | 6587 | -333 |
Fujian | 10930 | 2810 | 6136 | 6417 | 170 | 6587 | -451 |
Average | 10997 | 2840 | 6181 | 6417 | 170 | 6587 | -406 |