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Cottonseed Crushing Margin Estimates in Main Production Regions in China--4/23/2020

2020-04-23 www.cofeed.com
Cottonseed Crushing Margin Estimates in Main Production Regions in China--4/23/2020 (RMB/tonne )
Regions Income Expenditure Margin
Oil Meal Hull Linters Total Cottonseed Cost Processing Fees
Northwest Shandong 5,500  2,800  1,350  3,500  2,515  2,550  220 -255.5
Southwest Shandong 5,625  2,760  1,450  3,500  2,538  2,550  240 -252
Hebei 5,650  2,880  1,450  3,550  2,608  2,540  200 -132
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 5,623  2,860  1,346  3,552  2,548  2,540  210 -202
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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