Unit: RMB/tonne
Cottonseed Crushing Margin Estimates in Main Production Regions in China-20/2/2020 | ||||||||
Regions | Income | Expenditure | Margin | |||||
Oil | Meal | Hull | Linters | Total | Cottonseed Cost | Processing Fees | ||
Northwest Shandong | 5,900.0 | 2,980.0 | 1,260.0 | 3,800.0 | 2,625.9 | 2,400.0 | 220.0 | 5.9 |
Southwest Shandong | 6,200.0 | 3,000.0 | 1,330.0 | 3,500.0 | 2,647.1 | 2,340.0 | 240.0 | 67.1 |
Hebei | 6,200.0 | 3,000.0 | 1,350.0 | 3,800.0 | 2,697.5 | 2,500.0 | 200.0 | -2.5 |
Henan | 6,200.0 | 3,100.0 | 1,300.0 | 3,500.0 | 2,659.0 | 2,380.0 | 220.0 | 59.0 |
North Xinjiang | 5,900.0 | 2,550.0 | 800.0 | 2,496.0 | 2,200.0 | 180.0 | 136.0 | |
South Xinjiang | 5,800.0 | 2,450.0 | 1,050.0 | 2,473.0 | 2,250.0 | 190.0 | 93.0 | |
Nationwide Average | 5,950.0 | 2,845.0 | 1,301.0 | 3,623.0 | 2,563.8 | 2,440.0 | 210.0 | -86.0 |
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. |