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Cottonseed Crushing Margin Estimates in Main Production Regions in China--4/7/2020

2020-04-07 www.cofeed.com
Cottonseed Crushing Margin Estimates in Main Production Regions in China--4/7/2020 (RMB/tonne )
Regions Income Expenditure Margin
Oil Meal Hull Linters Total Cottonseed Cost Processing Fees
Northwest Shandong 5,500  2,830  1,270  3,500  2,497  2,460  220  -183.1
Southwest Shandong 5,575  2,900  1,310  3,550  2,541  2,480  240  -178.8
Hebei 5,550  2,900  1,300  3,550  2,550  2,480  200  -130
Henan 5,800  3,100  1,300  3,500  2,613  2,300  220  93
North Xinjiang 5,000  2,580  950  2,460  2,240  180  39.8
South Xinjiang 5,100  2,630  1,000  2,517  2,260  190  66.8
Nationwide Average 5,546  2,898  1,291  3,600  2,539  2,482  210  -153
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.