Unit: RMB/tonne
Cottonseed Crushing Margin Estimates in Main Production Regions in China-1/11/2019 | ||||||||
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 | 2,340.0 | 220.0 | -167.0 |
Southwest Shandong | 5,800.0 | 2,650.0 | 1,060.0 | 3,500.0 | 2,367.2 | 2,310.0 | 240.0 | -182.8 |
Hebei | 6,200.0 | 2,900.0 | 1,200.0 | 3,800.0 | 2,600.0 | 2,310.0 | 200.0 | 90.0 |
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 | 5,050.0 | 2,400.0 | 580.0 | 2,255.0 | 1,780.0 | 180.0 | 295.0 | |
South Xinjiang | 5,000.0 | 2,250.0 | 850.0 | 2,245.0 | 1,830.0 | 190.0 | 225.0 | |
Nationwide Average | 5,461.0 | 2,687.0 | 1,158.0 | 3,635.0 | 2,400.2 | 2,200.0 | 210.0 | -10.0 |
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. |