Unit: RMB/tonne
Cottonseed Crushing Margin Estimates in Main Production Regions in China-17/12/2019 | ||||||||
Regions | Income | Expenditure | Margin | |||||
Oil | Meal | Hull | Linters | Total | Cottonseed Cost | Processing Fees | ||
Northwest Shandong | 6,100.0 | 2,750.0 | 1,280.0 | 3,750.0 | 2,548.6 | 2,540.0 | 220.0 | -211.4 |
Southwest Shandong | 6,150.0 | 2,780.0 | 1,260.0 | 3,500.0 | 2,528.2 | 2,340.0 | 240.0 | -51.8 |
Hebei | 6,200.0 | 2,820.0 | 1,350.0 | 3,900.0 | 2,631.0 | 2,550.0 | 200.0 | -119.0 |
Henan | 6,300.0 | 3,100.0 | 1,150.0 | 3,400.0 | 2,599.0 | 2,320.0 | 220.0 | 59.0 |
North Xinjiang | 5,550.0 | 2,350.0 | 760.0 | 2,351.0 | 1,940.0 | 180.0 | 231.0 | |
South Xinjiang | 5,350.0 | 2,250.0 | 980.0 | 2,333.0 | 2,050.0 | 190.0 | 93.0 | |
Nationwide Average | 5,785.0 | 2,675.0 | 1,270.0 | 3,630.0 | 2,468.8 | 2,356.0 | 210.0 | -97.0 |
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. |