Unit: RMB/tonne
Cottonseed Crushing Margin Estimates in Main Production Regions in China-4/11/2019 | ||||||||
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 | 2,380.0 | 220.0 | -207.0 |
Southwest Shandong | 5,900.0 | 2,650.0 | 1,080.0 | 3,600.0 | 2,392.6 | 2,380.0 | 240.0 | -227.4 |
Hebei | 6,200.0 | 2,900.0 | 1,200.0 | 3,800.0 | 2,600.0 | 2,350.0 | 200.0 | 50.0 |
Henan | 6,100.0 | 3,100.0 | 1,100.0 | 3,400.0 | 2,560.0 | 2,360.0 | 220.0 | -20.0 |
North Xinjiang | 5,150.0 | 2,400.0 | 620.0 | 2,281.0 | 1,820.0 | 180.0 | 281.0 | |
South Xinjiang | 5,100.0 | 2,300.0 | 800.0 | 2,272.0 | 1,950.0 | 190.0 | 132.0 | |
Nationwide Average | 5,500.0 | 2,684.0 | 1,160.0 | 3,635.0 | 2,403.6 | 2,244.0 | 210.0 | -50.0 |
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. |