Cottonseed Crushing Margin Estimates in Main Production Regions in China-24/7/2019 | ||||||||
Regions | Income | Expenditure | Margin | |||||
Oil | Meal | Hull | Linters | Total | Cottonseed Cost | Processing Fees | ||
Northwest Shandong | 4,700.00 | 2,800.00 | 1,350.00 | 3,900.00 | 2,466.50 | 2,380.00 | 220.00 | -133.50 |
Southwest Shandong | 4,750.00 | 2,850.00 | 1,400.00 | 3,700.00 | 2,484.00 | 2,380.00 | 240.00 | -136.00 |
Hebei | 4,850.00 | 2,800.00 | 1,350.00 | 3,930.00 | 2,483.50 | 2,410.00 | 200.00 | -126.50 |
Henan | 4,900.00 | 3,030.00 | 1,300.00 | 3,500.00 | 2,495.00 | 2,200.00 | 220.00 | 75.00 |
North Xinjiang | 4,350.00 | 2,450.00 | 820.00 | 2,257.00 | 1,970.00 | 180.00 | 107.00 | |
South Xinjiang | 4,350.00 | 2,500.00 | 840.00 | 2,291.00 | 1,970.00 | 190.00 | 131.00 | |
Nationwide Average | 4,663.00 | 2,584.00 | 1,167.00 | 3,663.00 | 2,284.73 | 2,050.00 | 210.00 | 21.00 |
Remarks: | ||||||||
1. Cottonseed is calculated by the market price. | ||||||||
2. Delinted cottonseed in Xinjiang, and raw cottonseed in other regions. | ||||||||
3. Total Income includes soapstock. | ||||||||
4. The margin estimate is calculated by intraday cottonseed prices, so the cost may have some difference if mills use their stockpiles. | ||||||||
5. Nationwide Average is the average of all provinces in China. |