Processing Margins for Seed Cotton in China-1/8/2019 (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 | 14,500 | 1,520 | 6,576.60 | 6,400 | 800 | -623.4 | 15,330 |
Nationwide | 14,100 | 2,200 | 6,749 | 6,850 | 340 | -441 | 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. |