Cottonseed Crushing Margin Estimates in Main Production Regions in China--4/9/2020 (RMB/tonne ) | ||||||||
Regions | Income | Expenditure | Margin | |||||
Oil | Meal | Hull | Linters | Total | Cottonseed Cost | Processing Fees | ||
Northwest Shandong | 5,700 | 2,800 | 1,280 | 3,500 | 2,509 | 2,480 | 220 | -191.4 |
Southwest Shandong | 5,675 | 2,850 | 1,350 | 3,500 | 2,542 | 2,500 | 240 | -198 |
Hebei | 5,700 | 2,880 | 1,300 | 3,550 | 2,558 | 2,480 | 200 | -122.25 |
Henan | 5,800 | 3,100 | 1,300 | 3,500 | 2,613 | 2,300 | 220 | 93 |
North Xinjiang | 5,300 | 2,600 | 950 | 2,513 | 2,240 | 180 | 93 | |
South Xinjiang | 5,350 | 2,630 | 1,000 | 2,552 | 2,240 | 190 | 121.8 | |
Nationwide Average | 5,666 | 2,889 | 1,298 | 3,580 | 2,549 | 2,494 | 210 | -155 |
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. |