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 | 5700 | 240 | 5940 | -345 |
Anhui | 11800 | 2750 | 5662 | 6040 | 200 | 6240 | -578 |
Hubei | 11400 | 2600 | 5418 | 6300 | 210 | 6510 | -1092 |
Average | 11550 | 2655 | 5680 | 6135 | 225 | 6360 | -680 |
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 | 10830 | 2820 | 6100 | 6621 | 170 | 6791 | -691 |
Guangdong | 10950 | 2900 | 6194 | 6621 | 170 | 6791 | -597 |
Fujian | 10900 | 2830 | 6135 | 6621 | 170 | 6791 | -657 |
Average | 10893 | 2850 | 6143 | 6621 | 170 | 6791 | -648 |