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 | 2780 | 5680 | 5700 | 200 | 5900 | -220 |
Hubei | 11400 | 2550 | 5387 | 6200 | 210 | 6410 | -1023 |
Average | 11550 | 2643 | 5673 | 5975 | 225 | 6200 | -527 |
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 | 10890 | 2800 | 6114 | 6726 | 170 | 6896 | -782 |
Guangdong | 11020 | 2870 | 6207 | 6726 | 170 | 6896 | -689 |
Fujian | 10920 | 2830 | 6143 | 6726 | 170 | 6896 | -753 |
Average | 10943 | 2833 | 6154 | 6726 | 170 | 6896 | -742 |