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 | 5960 | 200 | 6160 | -498 |
Hubei | 11400 | 2600 | 5418 | 6300 | 210 | 6510 | -1092 |
Average | 11550 | 2655 | 5680 | 6115 | 225 | 6340 | -660 |
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 | 10780 | 2700 | 6013 | 6720 | 170 | 6890 | -877 |
Guangdong | 10900 | 2780 | 6107 | 6720 | 170 | 6890 | -783 |
Fujian | 10850 | 2770 | 6081 | 6720 | 170 | 6890 | -810 |
Average | 10843 | 2750 | 6067 | 6720 | 170 | 6890 | -823 |