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 | 2550 | 5472 | 6400 | 250 | 6650 | -1178 |
Jiangsu | 11700 | 2690 | 5637 | 5600 | 240 | 5840 | -203 |
Anhui | 11800 | 2730 | 5650 | 5900 | 200 | 6100 | -450 |
Hubei | 11400 | 2550 | 5387 | 6200 | 210 | 6410 | -1023 |
Average | 11550 | 2630 | 5665 | 6025 | 225 | 6250 | -585 |
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 | 10860 | 2720 | 6057 | 6712 | 170 | 6882 | -825 |
Guangdong | 10980 | 2790 | 6146 | 6712 | 170 | 6882 | -736 |
Fujian | 10950 | 2750 | 6112 | 6712 | 170 | 6882 | -771 |
Average | 10930 | 2753 | 6105 | 6712 | 170 | 6882 | -777 |