Unit: RMB/tonne
Cottonseed Crushing Margin Estimates in Main Production Regions in China-12/11/2019 | ||||||||
Regions | Income | Expenditure | Margin | |||||
Oil | Meal | Hull | Linters | Total | Cottonseed Cost | Processing Fees | ||
Northwest Shandong | 6,150.0 | 2,750.0 | 1,030.0 | 3,600.0 | 2,449.1 | 2,500.0 | 220.0 | -270.9 |
Southwest Shandong | 6,200.0 | 2,800.0 | 1,150.0 | 3,600.0 | 2,508.5 | 2,400.0 | 240.0 | -131.5 |
Hebei | 6,300.0 | 2,850.0 | 1,150.0 | 3,900.0 | 2,579.5 | 2,440.0 | 200.0 | -60.5 |
Henan | 6,400.0 | 3,100.0 | 1,150.0 | 3,400.0 | 2,609.0 | 2,200.0 | 220.0 | 189.0 |
North Xinjiang | 5,400.0 | 2,400.0 | 660.0 | 2,328.0 | 1,910.0 | 180.0 | 238.0 | |
South Xinjiang | 5,250.0 | 2,250.0 | 800.0 | 2,265.0 | 1,950.0 | 190.0 | 125.0 | |
Nationwide Average | 5,783.0 | 2,697.0 | 1,169.0 | 3,632.0 | 2,440.2 | 2,267.0 | 210.0 | -37.0 |
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. |