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Crush Margin Estimates for Cottonseed in Main Producing Regions of China--9/4/2020

2020-09-04 www.cofeed.com
Regions Income (CNY/tonne) Expenditure  (CNY/tonne) Margin
Oil Meal Hull Linters Total Cottonseed Crushing
Northwest Shandong 6,500  3,000  1,700  3,700  2,840  2,700  220  -80 
Southwest Shandong 6,550  3,050  1,720  3,800  2,870  2,780  240  -150 
Hebei 6,450  3,150  1,750  3,850  2,934  2,800  200  -67 
Henan 6,800  3,300  1,750  3,800  2,985  2,600  220  165 
North Xinjiang 5,800  2,750  1,060    2,700  2,450  180  70 
South Xinjiang 5,800  2,800  1,050    2,725  2,370  190  165 
National Average 6,424  3,025  1,645  3,740  2,820  2,780  210  -170 
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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