Today is 05/19/2024

Crush Margin Estimates for Cottonseed in Main Producing Regions of China--8/20/2020

2020-08-20 www.cofeed.com
Regions Income (CNY/tonne) Expenditure  (CNY/tonne) Margin
Oil Meal Hull Linters Total Cottonseed Crushing
Northwest Shandong 6,500  3,050  1,700  3,700  2,860  2,860  220  -220 
Southwest Shandong 6,550  3,120  1,720  3,850  2,902  2,900  240  -238 
Hebei 6,400  3,150  1,750  3,900  2,932  2,900  200  -168 
Henan 6,800  3,350  1,750  3,800  3,005  2,600  220  185 
North Xinjiang 5,800  2,800  1,100    2,740  2,450  180  110 
South Xinjiang 5,850  2,850  1,150    2,790  2,430  190  170 
National Average 6,406  3,085  1,661  3,750  2,849  2,870  210  -231 
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.