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Cottonseed Crushing Margin Estimates in Main Production Regions in China--4/15/2020

2020-04-15 www.cofeed.com
Cottonseed Crushing Margin Estimates in Main Production Regions in China--4/15/2020 (RMB/tonne )
Regions Income Expenditure Margin
Oil Meal Hull Linters Total Cottonseed Cost Processing Fees
Northwest Shandong 5,650  2,800  1,400  3,500  2,548  2,520  220 -192
Southwest Shandong 5,700  2,850  1,400  3,500  2,563  2,520  240 -197
Hebei 5,700  2,880  1,450  3,550  2,613  2,500  200 -86.75
Henan 6,000  3,100  1,400  3,500  2,671  2,300  220 151
North Xinjiang 5,400  2,600  1,050  2,557  2,250  180 127
South Xinjiang 5,350  2,600  1,000  2,535  2,250  190 95
Nationwide Average 5,693  2,872  1,341  3,556  2,559  2,528  210 -179
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. 

 

 

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