Cottonseed Crushing Margin Estimates in Main Production Regions in China--4/16/2020 (RMB/tonne ) | ||||||||
Regions | Income | Expenditure | Margin | |||||
Oil | Meal | Hull | Linters | Total | Cottonseed Cost | Processing Fees | ||
Northwest Shandong | 5,600 | 2,800 | 1,400 | 3,500 | 2,543 | 2,530 | 220 | -207 |
Southwest Shandong | 5,675 | 2,850 | 1,430 | 3,500 | 2,572 | 2,530 | 240 | -198.4 |
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 | 1,000 | 2,542 | 2,280 | 180 | 82 | |
South Xinjiang | 5,400 | 2,600 | 1,000 | 2,542 | 2,280 | 190 | 72 | |
Nationwide Average | 5,689 | 2,869 | 1,343 | 3,556 | 2,558 | 2,532 | 210 | -184 |
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. |