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 | 2800 | 5692 | 5700 | 200 | 5900 | -208 |
Hubei | 11400 | 2550 | 5387 | 6200 | 210 | 6410 | -1023 |
Average | 11550 | 2648 | 5676 | 5975 | 225 | 6200 | -524 |
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 | 10840 | 2840 | 6115 | 6999 | 170 | 7169 | -1054 |
Guangdong | 10970 | 2920 | 6213 | 6999 | 170 | 7169 | -956 |
Fujian | 10870 | 2880 | 6149 | 6999 | 170 | 7169 | -1020 |
Average | 10893 | 2880 | 6159 | 6999 | 170 | 7169 | -1010 |