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Cottonseed Crushing Margin Estimates in Main Production Regions in China--3/31/2020

2020-03-31 www.cofeed.com

Unit: RMB/tonne

 

Cottonseed Crushing Margin Estimates in Main Production Regions in China--3/31/2020
Regions Income Expenditure Margin
Oil Meal Hull Linters Total Cottonseed Cost Processing Fees
Northwest Shandong 5,500  2,930  1,220  3,650  2,530  2,500  220  -189.60 
Southwest Shandong 5,500  2,960  1,300  3,650  2,562  2,520  240  -198.00 
Hebei 5,550  2,950  1,350  3,750  2,604  2,500  200  -96.50 
Henan 5,800  3,200  1,350  3,500  2,672  2,300  220  152.00 
North Xinjiang 5,000  2,650  850  2,469  2,230  180  59.00 
South Xinjiang 5,300  2,650  1,000  2,556  2,250  190  116.00 
Nationwide Average 5,500  2,984  1,277  3,637  2,567  2,500  210  -143.00 
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.