Cottonseed Crushing Margin Estimates in Main Production Regions in China--4/3/2020 (RMB/tonne ) | ||||||||
Regions | Income | Expenditure | Margin | |||||
Oil | Meal | Hull | Linters | Total | Cottonseed Cost | Processing Fees | ||
Northwest Shandong | 5,500.00 | 2,900.00 | 1,240.00 | 3,650.00 | 2,525.80 | 2,500.00 | 220.00 | -194.2 |
Southwest Shandong | 5,500.00 | 2,960.00 | 1,300.00 | 3,650.00 | 2,562.00 | 2,520.00 | 240.00 | -198 |
Hebei | 5,550.00 | 2,950.00 | 1,300.00 | 3,750.00 | 2,585.00 | 2,480.00 | 200.00 | -95 |
Henan | 5,800.00 | 3,150.00 | 1,350.00 | 3,500.00 | 2,652.00 | 2,300.00 | 220.00 | 132 |
North Xinjiang | 5,000.00 | 2,600.00 | 850.00 | 2,441.00 | 2,240.00 | 180.00 | 21 | |
South Xinjiang | 5,300.00 | 2,630.00 | 1,000.00 | 2,544.80 | 2,260.00 | 190.00 | 94.8 | |
Nationwide Average | 5,500.00 | 2,964.00 | 1,280.00 | 3,637.00 | 2,560.16 | 2,498.00 | 210.00 | -148 |
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. |