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Cottonseed Crushing Margin Estimates in Main Production Regions in China-4/9/2019

2019-09-04 www.cofeed.com

Unit: RMB/tonne

Cottonseed Crushing Margin Estimates in Main Production Regions in China-4/9/2019
Regions Income Expenditure Margin
Oil Meal Hull Linters Total Cottonseed Cost Processing Fees
Northwest Shandong 5,380.0 3,200.0 1,500.0 3,900.0 2,750.0 2,740.0 220.0 -210.0
Southwest Shandong 5,500.0 3,250.0 1,550.0 3,700.0 2,774.5 2,540.0 240.0 -5.5
Hebei 5,400.0 3,200.0 1,400.0 4,000.0 2,725.0 2,680.0 200.0 -155.0
Henan 5,300.0 3,200.0 1,550.0 3,500.0 2,698.0 2,400.0 220.0 78.0
North Xinjiang 4,800.0 2,750.0 950.0   2,611.0 1,970.0 180.0 461.0
South Xinjiang 4,500.0 2,500.0 840.0   2,312.0 1,970.0 190.0 152.0
Nationwide Average 5,206.0 2,797.0 1,278.0 3,674.0 2,466.2 2,214.0 210.0 42.0
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.