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 | 2750 | 5662 | 5840 | 200 | 6040 | -378 |
Hubei | 11400 | 2550 | 5387 | 6200 | 210 | 6410 | -1023 |
Average | 11550 | 2635 | 5668 | 6010 | 225 | 6235 | -567 |
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 | 10740 | 2770 | 6034 | 6667 | 170 | 6837 | -803 |
Guangdong | 10870 | 2830 | 6122 | 6667 | 170 | 6837 | -715 |
Fujian | 10770 | 2800 | 6063 | 6667 | 170 | 6837 | -774 |
Average | 10793 | 2800 | 6073 | 6667 | 170 | 6837 | -764 |