Cottonseed Crushing Margin Estimates in Main Production Regions in China--4/8/2020 (RMB/tonne ) | ||||||||
Regions | Income | Expenditure | Margin | |||||
Oil | Meal | Hull | Linters | Total | Cottonseed Cost | Processing Fees | ||
Northwest Shandong | 5,600 | 2,820 | 1,280 | 3,500 | 2,507 | 2,480 | 220 | -193.4 |
Southwest Shandong | 5,575 | 2,900 | 1,320 | 3,550 | 2,545 | 2,510 | 240 | -205.1 |
Hebei | 5,600 | 2,880 | 1,300 | 3,550 | 2,547 | 2,480 | 200 | -132.75 |
Henan | 5,800 | 3,100 | 1,300 | 3,500 | 2,613 | 2,300 | 220 | 93 |
North Xinjiang | 5,000 | 2,600 | 950 | 2,471 | 2,240 | 180 | 51 | |
South Xinjiang | 5,300 | 2,630 | 1,000 | 2,545 | 2,260 | 190 | 94.8 | |
Nationwide Average | 5,566 | 2,895 | 1,291 | 3,590 | 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. |