Unit: RMB/tonne
Cottonseed Crushing Margin Estimates in Main Production Regions in China-8/11/2019 | ||||||||
Regions | Income | Expenditure | Margin | |||||
Oil | Meal | Hull | Linters | Total | Cottonseed Cost | Processing Fees | ||
Northwest Shandong | 6,150.0 | 2,760.0 | 1,070.0 | 3,600.0 | 2,467.9 | 2,400.0 | 220.0 | -152.1 |
Southwest Shandong | 6,200.0 | 2,780.0 | 1,100.0 | 3,550.0 | 2,478.0 | 2,400.0 | 240.0 | -162.0 |
Hebei | 6,200.0 | 2,850.0 | 1,100.0 | 3,900.0 | 2,550.5 | 2,340.0 | 200.0 | 10.5 |
Henan | 6,150.0 | 3,100.0 | 1,100.0 | 3,400.0 | 2,565.0 | 2,380.0 | 220.0 | -35.0 |
North Xinjiang | 5,250.0 | 2,400.0 | 750.0 | 2,334.0 | 1,950.0 | 180.0 | 204.0 | |
South Xinjiang | 5,300.0 | 2,320.0 | 850.0 | 2,326.2 | 1,980.0 | 190.0 | 156.2 | |
Nationwide Average | 5,733.0 | 2,697.0 | 1,176.0 | 3,620.0 | 2,436.8 | 2,268.0 | 210.0 | -41.0 |
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. |