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Cottonseed Crushing Margin Estimates in Main Production Regions in China--3/25/2020

2020-03-25 www.cofeed.com

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.