Cottonseed Crushing Margin Estimates in Main Production Regions in China--4/2/2020 (RMB/tonne ) | ||||||||
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 | 1,300 | 3,750 | 2,585 | 2,480 | 200 | -95.00 |
Henan | 5,800 | 3,200 | 1,350 | 3,500 | 2,672 | 2,300 | 220 | 152.00 |
North Xinjiang | 5,000 | 2,600 | 850 | 2,441 | 2,240 | 180 | 21.00 | |
South Xinjiang | 5,300 | 2,630 | 1,000 | 2,545 | 2,260 | 190 | 94.80 | |
Nationwide Average | 5,500 | 2,972 | 1,280 | 3,637 | 2,563 | 2,498 | 210 | -145.00 |
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. |