Unit: RMB/tonne
Cottonseed Crushing Margin Estimates in Main Production Regions in China-31/10/2019 | ||||||||
Regions | Income | Expenditure | Margin | |||||
Oil | Meal | Hull | Linters | Total | Cottonseed Cost | Processing Fees | ||
Northwest Shandong | 5,700.0 | 2,750.0 | 1,000.0 | 3,600.0 | 2,393.0 | 2,320.0 | 220.0 | -147.0 |
Southwest Shandong | 5,800.0 | 2,850.0 | 1,050.0 | 3,500.0 | 2,433.5 | 2,310.0 | 240.0 | -106.5 |
Hebei | 6,200.0 | 2,900.0 | 1,150.0 | 3,800.0 | 2,581.5 | 2,310.0 | 200.0 | 71.5 |
Henan | 6,100.0 | 3,150.0 | 1,100.0 | 3,500.0 | 2,587.0 | 2,100.0 | 220.0 | 267.0 |
North Xinjiang | 4,950.0 | 2,400.0 | 550.0 | 2,232.0 | 1,780.0 | 180.0 | 272.0 | |
South Xinjiang | 5,000.0 | 2,250.0 | 820.0 | 2,236.0 | 1,830.0 | 190.0 | 216.0 | |
Nationwide Average | 5,446.0 | 2,685.0 | 1,149.0 | 3,635.0 | 2,394.5 | 2,190.0 | 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. |