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 | 6500 | 250 | 6750 | -1218 |
Jiangsu | 11700 | 2620 | 5595 | 5900 | 240 | 6140 | -545 |
Anhui | 11800 | 2750 | 5662 | 6200 | 200 | 6400 | -738 |
Hubei | 11400 | 2600 | 5418 | 6300 | 210 | 6510 | -1092 |
Average | 11550 | 2655 | 5680 | 6225 | 225 | 6450 | -770 |
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 | 10810 | 2770 | 6064 | 6612 | 170 | 6782 | -718 |
Guangdong | 10930 | 2860 | 6164 | 6612 | 170 | 6782 | -618 |
Fujian | 10880 | 2810 | 6115 | 6612 | 170 | 6782 | -667 |
Average | 10947 | 2813 | 6145 | 6612 | 170 | 6782 | -637 |