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 | 2810 | 5698 | 6120 | 200 | 6320 | -622 |
Hubei | 11400 | 2600 | 5418 | 6300 | 210 | 6510 | -1092 |
Average | 11550 | 2670 | 5689 | 6365 | 225 | 6590 | -901 |
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 | 10550 | 2700 | 5916 | 6796 | 170 | 6966 | -1050 |
Guangdong | 10550 | 2780 | 5960 | 6796 | 170 | 6966 | -1006 |
Fujian | 10550 | 2760 | 5949 | 6796 | 170 | 6966 | -1017 |
Average | 10550 | 2747 | 5942 | 6796 | 170 | 6966 | -1024 |