Cottonseed Crushing Margin Estimates in Main Production Regions in China--4/22/2020 (RMB/tonne ) | ||||||||
Regions | Income | Expenditure | Margin | |||||
Oil | Meal | Hull | Linters | Total | Cottonseed Cost | Processing Fees | ||
Northwest Shandong | 5,500 | 2,800 | 1,380 | 3,500 | 2,526 | 2,540 | 220 | -234.4 |
Southwest Shandong | 5,625 | 2,760 | 1,450 | 3,500 | 2,538 | 2,550 | 240 | -252 |
Hebei | 5,650 | 2,880 | 1,480 | 3,550 | 2,619 | 2,540 | 200 | -120.9 |
Henan | 6,000 | 3,150 | 1,400 | 3,500 | 2,691 | 2,300 | 220 | 171 |
North Xinjiang | 5,300 | 2,600 | 950 | 2,513 | 2,280 | 180 | 53 | |
South Xinjiang | 5,300 | 2,600 | 1,050 | 2,543 | 2,280 | 190 | 73 | |
Nationwide Average | 5,635 | 2,860 | 1,349 | 3,552 | 2,551 | 2,540 | 210 | -199 |
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. |