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Processing Margins for Seed Cotton in China-6/8/2019

2019-08-06 www.cofeed.com
Processing Margins for Seed Cotton in China-6/8/2019 (Unit: RMB/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 14,000 2,480 7,360 7,200 300 -140 15,390
Hebei 14,300 2,140 7,346.20 7,100 300 -53.8 15,792
Anhui 14,000 2,050 6,528.50 6,750 260 -481.5 14,856
Henan 14,300 2,000 6,451.00 6,700 300 -549 14,844
Hebei 14,300 1,920 6,568.40 6,700 300 -431.6 14,975
Hunan 14,300 2,000 6,491 6,600 280 -389 14,558
Xinjiang 14,500 1,520 6,576.60 6,400 800 -623.4 15,330
Nationwide 14,045 2,200 6,730 6,850 340 -462.45 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.