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 | 2500 | 5443 | 6400 | 250 | 6650 | -1208 |
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 | 2650 | 5677 | 5975 | 225 | 6200 | -523 |
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 | 10960 | 2800 | 6143 | 7294 | 170 | 7464 | -1321 |
Guangdong | 11010 | 2840 | 6186 | 7294 | 170 | 7464 | -1278 |
Fujian | 11060 | 2850 | 6213 | 7294 | 170 | 7464 | -1251 |
Average | 11010 | 2830 | 6181 | 7294 | 170 | 7464 | -1283 |