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 | 2850 | 5722 | 6120 | 200 | 6320 | -598 |
Hubei | 11400 | 2600 | 5418 | 6300 | 210 | 6510 | -1092 |
Average | 11550 | 2680 | 5695 | 6365 | 225 | 6590 | -895 |
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 | 10450 | 2860 | 5962 | 6706 | 170 | 6876 | -914 |
Guangdong | 10550 | 2890 | 6021 | 6706 | 170 | 6876 | -856 |
Fujian | 10450 | 2880 | 5973 | 6706 | 170 | 6876 | -903 |
Average | 10483 | 2877 | 5985 | 6706 | 170 | 6876 | -891 |