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Processing Margins for Seed Cotton in China-25/7/2019

2019-07-25 www.cofeed.com
Processing Margins for Seed Cotton in China-25/7/2019 (Unit: RMB/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 14,300 2,330 7,360 7,200 300 -140 15,635
Hebei 14,300 2,140 7,346.20 7,100 300 -53.8 15,792
Anhui 15,300 1,980 6,982.60 6,900 260 -177.4 15,368
Henan 15,200 1,980 6,772.80 6,700 300 -227.2 14,877
Hebei 15,400 1,920 6,986.40 6,700 300 -13.6 14,975
Hunan 15,200 2,000 6,824 6,600 280 -56 14,558
Xinjiang 15,600 1,520 7,005.60 6,400 800 -194.4 15,330
Nationwide 14,300 2,200 6,827 6,850 340 -363 14,987
Remarks: 
1. Cottonseed price is calculated by the factory price of ginning mills. 
2. The output of lint is 36-40%, and cottonseed 55-57%.
3. Processing margins are estimated according to lint price at that date, and there may be some price difference between the inventory cost and daily price.