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 | 11800 | 2820 | 5704 | 6120 | 200 | 6320 | -616 |
Hubei | 11400 | 2600 | 5418 | 6300 | 210 | 6510 | -1092 |
Average | 11550 | 2673 | 5691 | 6365 | 225 | 6590 | -899 |
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 | 10540 | 2780 | 5956 | 6908 | 170 | 7078 | -1122 |
Guangdong | 10640 | 2810 | 6014 | 6908 | 170 | 7078 | -1064 |
Fujian | 10640 | 2820 | 6020 | 6908 | 170 | 7078 | -1058 |
Average | 10607 | 2803 | 5997 | 6908 | 170 | 7078 | -1081 |