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Crush Margin Estimates for Cottonseed in Main Producing Regions of China--10/9/2020

2020-10-09 www.cofeed.com
Regions Income (CNY/tonne) Expenditure  (CNY/tonne) Margin
Oil Meal Hull Linters Total Cottonseed Crushing
Northwest Shandong 6,700  3,000  1,650  3,700  2,842  2,740  220  -119 
Southwest Shandong 6,700  3,050  1,650  3,800  2,860  2,760  240  -141 
Hebei 6,700  3,050  1,700  3,800  2,898  2,760  200  -63 
Henan 6,700  3,050  1,700  3,800  2,856  2,650  220  -14 
North Xinjiang 6,200  2,750  1,100    2,740  2,280  180  280 
South Xinjiang 6,100  2,700  1,100    2,726  2,300  190  236 
National Average 6,640  3,005  1,655  3,750  2,838  2,740  210  -112 
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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