Today is 12/23/2024

Crush Margin Estimates for Cottonseed in Main Producing Regions of China--10/21/2020

2020-10-21 www.cofeed.com
Regions Income (CNY/tonne) Expenditure  (CNY/tonne) Margin
Oil Meal Hull Linters Total Cottonseed Crushing
Northwest Shandong 7,000  3,150  1,950  3,800  3,031  3,050  220  -239 
Southwest Shandong 7,050  3,150  1,950  3,850  3,030  3,080  240  -290 
Hebei 7,100  3,180  2,000  3,750  3,043  3,040  200  -197 
Henan 7,100  3,180  2,000  3,750  2,939  2,750  220  -32 
North Xinjiang 6,600  2,850  1,480    2,838  2,550  180  108 
South Xinjiang 6,500  2,800  1,400    2,816  2,650  190  -24 
National Average 6,920  3,090  1,910  3,810  2,961  2,990  210  -239 
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.