Processing Margins for Seed Cotton in China-29/8/2019 (Unit: RMB/tonne) | |||||||
Province | Income | Expenditure | Margins | Lint Break-even Price | |||
Lint Price | Cottonseed Price | Total | Seed Cotton Cost | Processing Charge | |||
Shandong | 13,400 | 2,480 | 6,546 | 6,900 | 300 | -654.4 | 14,593 |
Hebei | 13,000 | 2,500 | 6,405.00 | 6,900 | 300 | -795 | 14,692 |
Anhui | 13,800 | 2,050 | 6,452.50 | 6,750 | 260 | -557.5 | 14,856 |
Henan | 14,000 | 2,000 | 6,340.00 | 6,700 | 300 | -660 | 14,844 |
Hubei | 14,000 | 1,920 | 6,454.40 | 6,700 | 300 | -545.6 | 14,975 |
Hunan | 13,900 | 2,000 | 6,343 | 6,600 | 280 | -537 | 14,558 |
Xinjiang | 13,500 | 1,520 | 6,186.60 | 6,400 | 800 | -1013.4 | 15,330 |
Nationwide | 13,100 | 2,200 | 6,359 | 6,850 | 340 | -831 | 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. |