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Cottonseed Crushing Margin Estimates in Main Production Regions in China--3/20/2020

2020-03-20 www.cofeed.com

Unit: RMB/tonne

 

Cottonseed Crushing Margin Estimates in Main Production Regions in China--3/20/2020
Regions Income Expenditure Margin
Oil Meal Hull Linters Total Cottonseed Cost Processing Fees
Northwest Shandong 5,100  2,750  1,300  3,800  2,460.0  2,340  220  -100.0 
Southwest Shandong 5,200  2,780  1,350  3,750  2,486.5  2,360  240  -113.5 
Hebei 5,200  2,730  1,350  3,750  2,478.8  2,360  200  -81.3 
Henan 5,200  3,000  1,350  3,500  2,532.0  2,200  220  112.0 
North Xinjiang 5,000  2,500  790  2,367.0  2,060  180  127.0 
South Xinjiang 4,800  2,480  1,000  2,390.8  2,080  190  120.8 
Nationwide Average 5,077  2,759  1,294  3,680  2,444.5  2,332  210  -98.0 
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.