Unit: RMB/tonne
Cottonseed Crushing Margin Estimates in Main Production Regions in China-3/1/2020 | ||||||||
Regions | Income | Expenditure | Margin | |||||
Oil | Meal | Hull | Linters | Total | Cottonseed Cost | Processing Fees | ||
Northwest Shandong | 6,400.0 | 2,750.0 | 1,280.0 | 3,700.0 | 2,574.6 | 2,560.0 | 220.0 | -205.4 |
Southwest Shandong | 6,300.0 | 2,750.0 | 1,260.0 | 3,500.0 | 2,531.2 | 2,360.0 | 240.0 | -68.8 |
Hebei | 6,400.0 | 2,800.0 | 1,400.0 | 3,900.0 | 2,662.5 | 2,560.0 | 200.0 | -97.5 |
Henan | 6,400.0 | 3,100.0 | 1,300.0 | 3,400.0 | 2,666.0 | 2,380.0 | 220.0 | 66.0 |
North Xinjiang | 5,900.0 | 2,400.0 | 800.0 | 2,440.0 | 2,050.0 | 180.0 | 210.0 | |
South Xinjiang | 5,700.0 | 2,300.0 | 1,020.0 | 2,422.0 | 2,150.0 | 190.0 | 82.0 | |
Nationwide Average | 6,030.0 | 2,678.0 | 1,298.0 | 3626 | 2,504.5 | 2,400.0 | 210.0 | -105.0 |
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. |