Today is 12/23/2024

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

2020-10-10 www.cofeed.com
Regions Income (CNY/tonne) Expenditure  (CNY/tonne) Margin
Oil Meal Hull Linters Total Cottonseed Crushing
Northwest Shandong 6,800  3,050  1,650  3,700  2,872  2,760  220  -109 
Southwest Shandong 6,850  3,050  1,650  3,800  2,875  2,760  240  -126 
Hebei 6,800  3,050  1,700  3,800  2,908  2,760  200  -52 
Henan 6,900  3,050  1,700  3,800  2,876  2,600  220  56 
North Xinjiang 6,400  2,700  1,100    2,768  2,280  180  308 
South Xinjiang 6,100  2,750  1,100    2,754  2,350  190  214 
National Average 6,720  3,010  1,655  3,750  2,848  2,760  210  -122 
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.