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Cottonseed Crushing Margin Estimates in Main Production Regions in China--3/23/2020

2020-03-23 www.cofeed.com

Unit: RMB/tonne

 

Cottonseed Crushing Margin Estimates in Main Production Regions in China--3/23/2020
Regions Income Expenditure Margin
Oil Meal Hull Linters Total Cottonseed Cost Processing Fees
Northwest Shandong 5,200  2,900  1,300  3,650  2,518.0  2,420  220 -122
Southwest Shandong 5,250  2,900  1,350  3,750  2,539.5  2,420  240 -120.5
Hebei 5,250  2,950  1,350  3,750  2,572.0  2,420  200 -48
Henan 5,250  3,050  1,350  3,500  2,557.0  2,240  220 97
North Xinjiang 4,800  2,500  800  2,342.0  2,100  180 62
South Xinjiang 5,000  2,520  1,000  2,441.2  2,120  190 131.2
Nationwide Average 5,177  2,871  1,294  3,650  2,496.9  2,382  210 -95
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.