Unit: RMB/tonne
Cottonseed Crushing Margin Estimates in Main Production Regions in China-11/12/2019 | ||||||||
Regions | Income | Expenditure | Margin | |||||
Oil | Meal | Hull | Linters | Total | Cottonseed Cost | Processing Fees | ||
Northwest Shandong | 6,000.0 | 2,750.0 | 1,200.0 | 3,600.0 | 2,497.0 | 2,520.0 | 220.0 | -243.0 |
Southwest Shandong | 5,950.0 | 2,700.0 | 1,260.0 | 3,700.0 | 2,492.2 | 2,500.0 | 240.0 | -247.8 |
Hebei | 6,200.0 | 2,820.0 | 1,250.0 | 3,900.0 | 2,594.0 | 2,500.0 | 200.0 | -106.0 |
Henan | 6,300.0 | 3,100.0 | 1,150.0 | 3,400.0 | 2,599.0 | 2,300.0 | 220.0 | 79.0 |
North Xinjiang | 5,350.0 | 2,300.0 | 750.0 | 2,292.0 | 1,900.0 | 180.0 | 212.0 | |
South Xinjiang | 5,350.0 | 2,250.0 | 950.0 | 2,324.0 | 2,002.0 | 190.0 | 132.0 | |
Nationwide Average | 5,745.0 | 2,672.0 | 1,250.0 | 3,628.0 | 2,456.0 | 2,326.0 | 210.0 | -80.0 |
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. |