Unit: RMB/tonne
Cottonseed Crushing Margin Estimates in Main Production Regions in China--3/16/2020 | ||||||||
Regions | Income | Expenditure | Margin | |||||
Oil | Meal | Hull | Linters | Total | Cottonseed Cost | Processing Fees | ||
Northwest Shandong | 5,000.0 | 2,700.0 | 1,300.0 | 3,800.0 | 2,430.0 | 2,340.0 | 220.0 | -130.0 |
Southwest Shandong | 5,000.0 | 2,700.0 | 1,350.0 | 3,750.0 | 2,434.5 | 2,340.0 | 240.0 | -145.5 |
Hebei | 5,000.0 | 2,730.0 | 1,350.0 | 3,750.0 | 2,457.8 | 2,360.0 | 200.0 | -102.3 |
Henan | 5,000.0 | 3,050.0 | 1,350.0 | 3,500.0 | 2,532.0 | 2,340.0 | 220.0 | -28.0 |
North Xinjiang | 4,800.0 | 2,400.0 | 800.0 | 2,286.0 | 2,040.0 | 180.0 | 66.0 | |
South Xinjiang | 4,600.0 | 2,450.0 | 920.0 | 2,322.0 | 2,050.0 | 190.0 | 82.0 | |
Nationwide Average | 5,050.0 | 2,741.0 | 1,300.0 | 3,695.0 | 2,438.0 | 2,320.0 | 210.0 | -92.0 |
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. |