Unit: RMB/tonne
Cottonseed Crushing Margin Estimates in Main Production Regions in China-24/10/2019 | ||||||||
Regions | Income | Expenditure | Margin | |||||
Oil | Meal | Hull | Linters | Total | Cottonseed Cost | Processing Fees | ||
Northwest Shandong | 5,450.0 | 2,800.0 | 1,100.0 | 3,700.0 | 2,433.0 | 2,290.0 | 220.0 | -77.0 |
Southwest Shandong | 5,450.0 | 2,850.0 | 1,100.0 | 3,900.0 | 2,459.0 | 2,300.0 | 240.0 | -81.0 |
Hebei | 5,850.0 | 2,850.0 | 1,300.0 | 3,800.0 | 2,580.3 | 2,290.0 | 200.0 | 90.3 |
Henan | 5,600.0 | 3,150.0 | 1,100.0 | 3,500.0 | 2,537.0 | 2,100.0 | 220.0 | 217.0 |
North Xinjiang | 4,650.0 | 2,400.0 | 550.0 | 2,190.0 | 1,700.0 | 180.0 | 310.0 | |
South Xinjiang | 4,450.0 | 2,250.0 | 800.0 | 2,153.0 | 1,750.0 | 190.0 | 213.0 | |
Nationwide Average | 5,207.0 | 2,686.0 | 1,165.0 | 3,638.0 | 2,377.2 | 2,158.0 | 210.0 | 9.0 |
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. |