Unit: RMB/tonne
Cottonseed Crushing Margin Estimates in Main Production Regions in China-18/11/2019 | ||||||||
Regions | Income | Expenditure | Margin | |||||
Oil | Meal | Hull | Linters | Total | Cottonseed Cost | Processing Fees | ||
Northwest Shandong | 6,100.0 | 2,750.0 | 1,080.0 | 3,600.0 | 2,462.6 | 2,440.0 | 220.0 | -197.4 |
Southwest Shandong | 6,100.0 | 2,700.0 | 1,100.0 | 3,500.0 | 2,432.0 | 2,460.0 | 240.0 | -268.0 |
Hebei | 6,200.0 | 2,820.0 | 1,150.0 | 3,900.0 | 2,557.0 | 2,440.0 | 200.0 | -83.0 |
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 | 5,350.0 | 2,400.0 | 660.0 | 2,321.0 | 1,920.0 | 180.0 | 221.0 | |
South Xinjiang | 5,250.0 | 2,200.0 | 800.0 | 2,237.0 | 2,000.0 | 190.0 | 47.0 | |
Nationwide Average | 5,753.0 | 2,680.0 | 1,170.0 | 3,636.0 | 2,431.1 | 2,270.0 | 210.0 | -49.0 |
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. |