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 | 2860 | 5728 | 5700 | 200 | 5900 | -172 |
Hubei | 11400 | 2550 | 5387 | 6200 | 210 | 6410 | -1023 |
Average | 11550 | 2663 | 5685 | 5975 | 225 | 6200 | -515 |
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 | 11040 | 2860 | 6210 | 7207 | 170 | 7377 | -1167 |
Guangdong | 11090 | 2900 | 6253 | 7207 | 170 | 7377 | -1124 |
Fujian | 11110 | 2920 | 6272 | 7207 | 170 | 7377 | -1105 |
Average | 11080 | 2893 | 6245 | 7207 | 170 | 7377 | -1132 |