Unit: RMB/tonne
Cottonseed Crushing Margin Estimates in Main Production Regions in China--3/25/2020 | ||||||||
Regions | Income | Expenditure | Margin | |||||
Oil | Meal | Hull | Linters | Total | Cottonseed Cost | Processing Fees | ||
Northwest Shandong | 5,450 | 2,950 | 1,300 | 3,650 | 2,563 | 2,480 | 220 | -137 |
Southwest Shandong | 5,500 | 3,025 | 1,350 | 3,750 | 2,615 | 2,500 | 240 | -126 |
Hebei | 5,500 | 2,950 | 1,350 | 3,750 | 2,598 | 2,500 | 200 | -102 |
Henan | 5,500 | 3,200 | 1,350 | 3,500 | 2,642 | 2,260 | 220 | 162 |
North Xinjiang | 5,000 | 2,650 | 800 | 2,454 | 2,280 | 180 | -6 | |
South Xinjiang | 5,000 | 2,600 | 1,000 | 2,486 | 2,280 | 190 | 16 | |
Nationwide Average | 5,400 | 2,976 | 1,294 | 3,650 | 2,561 | 2,468 | 210 | -117 |
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. |