Unit: RMB/tonne
Cottonseed Crushing Margin Estimates in Main Production Regions in China-6/12/2019 | ||||||||
Regions | Income | Expenditure | Margin | |||||
Oil | Meal | Hull | Linters | Total | Cottonseed Cost | Processing Fees | ||
Northwest Shandong | 5,900.0 | 2,750.0 | 1,150.0 | 3,600.0 | 2,468.5 | 2,480.0 | 220.0 | -231.5 |
Southwest Shandong | 6,150.0 | 2,680.0 | 1,260.0 | 3,700.0 | 2,504.2 | 2,320.0 | 240.0 | -55.8 |
Hebei | 6,200.0 | 2,820.0 | 1,200.0 | 3,900.0 | 2,575.5 | 2,440.0 | 200.0 | -64.5 |
Henan | 6,300.0 | 3,100.0 | 1,150.0 | 3,400.0 | 2,599.0 | 2,280.0 | 220.0 | 99.0 |
North Xinjiang | 5,300.0 | 2,400.0 | 720.0 | 2,332.0 | 1,930.0 | 180.0 | 222.0 | |
South Xinjiang | 5,350.0 | 2,300.0 | 940.0 | 2,349.0 | 1,980.0 | 190.0 | 179.0 | |
Nationwide Average | 5,741.0 | 2,672.0 | 1,220.0 | 3,628.0 | 2,444.5 | 2,294.0 | 210.0 | -59.0 |
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. |