Unit: RMB/tonne
Cottonseed Crushing Margin Estimates in Main Production Regions in China-9/8/2019 | ||||||||
Regions | Income | Expenditure | Margin | |||||
Oil | Meal | Hull | Linters | Total | Cottonseed Cost | Processing Fees | ||
Northwest Shandong | 5,100.0 | 3,020.0 | 1,500.0 | 3,900.0 | 2,650.0 | 2,600.0 | 220.0 | -170.0 |
Southwest Shandong | 5,050.0 | 3,050.0 | 1,500.0 | 3,700.0 | 2,631.0 | 2,540.0 | 240.0 | -149.0 |
Hebei | 5,100.0 | 2,900.0 | 1,400.0 | 4,000.0 | 2,573.5 | 2,410.0 | 200.0 | -36.5 |
Henan | 5,200.0 | 3,150.0 | 1,550.0 | 3,500.0 | 2,668.0 | 2,280.0 | 220.0 | 168.0 |
North Xinjiang | 4,450.0 | 2,550.0 | 860.0 | 2,339.0 | 1,970.0 | 180.0 | 189.0 | |
South Xinjiang | 4,350.0 | 2,500.0 | 840.0 | 2,291.0 | 1,970.0 | 190.0 | 131.0 | |
Nationwide Average | 4,836.0 | 2,662.0 | 1,270.0 | 3,669.0 | 2,371.8 | 2,096.0 | 210.0 | 66.0 |
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. |