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Cottonseed Crushing Margin Estimates in Main Production Regions in China--4/9/2020

2020-04-09 www.cofeed.com
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.