Cottonseed Crushing Margin Estimates in Main Production Regions in China--3/26/2020 | ||||||||
Regions | Income | Expenditure | Margin | |||||
Oil | Meal | Hull | Linters | Total | Cottonseed Cost | Processing Fees | ||
Northwest Shandong | 5,500 | 2,950 | 1,250 | 3,650 | 2,550 | 2,480 | 220 | -151 |
Southwest Shandong | 5,525 | 3,025 | 1,350 | 3,650 | 2,609 | 2,480 | 240 | -111 |
Hebei | 5,550 | 2,950 | 1,350 | 3,750 | 2,604 | 2,500 | 200 | -97 |
Henan | 5,550 | 3,200 | 1,350 | 3,500 | 2,647 | 2,280 | 220 | 147 |
North Xinjiang | 5,000 | 2,600 | 800 | 2,426 | 2,280 | 180 | -34 | |
South Xinjiang | 5,000 | 2,600 | 1,000 | 2,486 | 2,280 | 190 | 16 | |
Nationwide Average | 5,442 | 2,966 | 1,289 | 3,650 | 2,560 | 2,464 | 210 | -114 |
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. |