Today is 12/23/2024

Crush Margin Estimates for Cottonseed in Main Producing Regions of China--10/22/2020

2020-10-22 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  3,900  3,020  3,040  220  -241 
Southwest Shandong 7,100  3,150  1,970  3,800  3,019  3,080  240  -302 
Hebei 7,100  3,180  2,000  3,900  3,035  3,060  200  -226 
Henan 7,100  3,180  2,000  3,850  2,906  2,750  220  -65 
North Xinjiang 6,500  2,850  1,400    2,814  2,550  180  84 
South Xinjiang 6,500  2,800  1,400    2,788  2,650  190  -52 
National Average 6,930  3,090  1,910  3,860  2,890  2,970  210  -290 
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.