Unit: RMB/tonne
Cottonseed Crushing Margin Estimates in Main Production Regions in China-24/2/2020 | ||||||||
Regions | Income | Expenditure | Margin | |||||
Oil | Meal | Hull | Linters | Total | Cottonseed Cost | Processing Fees | ||
Northwest Shandong | 5,750.0 | 2,800.0 | 1,280.0 | 3,800.0 | 2,578.3 | 2,400.0 | 220.0 | -41.7 |
Southwest Shandong | 5,900.0 | 2,900.0 | 1,300.0 | 3,500.0 | 2,566.0 | 2,340.0 | 240.0 | -14.0 |
Hebei | 5,900.0 | 2,900.0 | 1,350.0 | 3,800.0 | 2,627.5 | 2,500.0 | 200.0 | -72.5 |
Henan | 5,900.0 | 3,000.0 | 1,300.0 | 3,500.0 | 2,589.0 | 2,380.0 | 220.0 | -11.0 |
North Xinjiang | 5,500.0 | 2,550.0 | 820.0 | 2,483.4 | 2,200.0 | 180.0 | 103.4 | |
South Xinjiang | 5,500.0 | 2,450.0 | 1,050.0 | 2,503.0 | 2,250.0 | 190.0 | 63.0 | |
Nationwide Average | 5,850.0 | 2,840.0 | 1,302.0 | 3,623.0 | 2,552.1 | 2,460.0 | 210.0 | -117.0 |
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. |