Unit: RMB/tonne
Cottonseed Crushing Margin Estimates in Main Production Regions in China-12/3/2020 | ||||||||
Regions | Income | Expenditure | Margin | |||||
Oil | Meal | Hull | Linters | Total | Cottonseed Cost | Processing Fees | ||
Northwest Shandong | 5,200.0 | 2,700.0 | 1,300.0 | 3,800.0 | 2,450.0 | 2,420.0 | 220.0 | -190.0 |
Southwest Shandong | 5,200.0 | 2,800.0 | 1,350.0 | 3,750.0 | 2,494.5 | 2,440.0 | 240.0 | -185.5 |
Hebei | 5,200.0 | 2,800.0 | 1,280.0 | 3,800.0 | 2,484.6 | 2,440.0 | 200.0 | -155.4 |
Henan | 5,200.0 | 3,000.0 | 1,350.0 | 3,500.0 | 2,532.0 | 2,400.0 | 220.0 | -88.0 |
North Xinjiang | 4,800.0 | 2,450.0 | 800.0 | 2,314.0 | 2,130.0 | 180.0 | 4.0 | |
South Xinjiang | 4,600.0 | 2,420.0 | 980.0 | 2,323.2 | 2,180.0 | 190.0 | -46.8 | |
Nationwide Average | 5,200.0 | 2,783.0 | 1,305.0 | 3,700.0 | 2,472.1 | 2,368.0 | 210.0 | -106.0 |
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. |