Processing Margins for Seed Cotton in China-09/9/2019

2019-09-09 www.cofeed.com

Processing Margins for Seed Cotton in China-09/9/2019 (Unit: RMB/tonne)
Province	Income			Expenditure		Margins	Lint Break-even Price
Province	Lint Price	Cottonseed Price	Total	Seed Cotton Cost	Processing Charge	Margins	Lint Break-even Price
Shandong	12,200	2,670	6,198	6,300	300	-402.1	12,688
Hebei	13,000	2,500	6,405.00	6,100	300	5	12,565
Anhui	13,300	2,050	6,262.50	6,750	260	-747.5	14,856
Henan	13,000	2,000	5,970.00	6,700	300	-1030	14,844
Hubei	13,000	1,920	6,074.40	6,700	300	-925.6	14,975
Hunan	13,000	2,000	6,010	6,600	280	-870	14,558
Xinjiang	12,500	1,520	5,796.60	6,400	800	-1403.4	15,330
Nationwide	12,945	2,200	6,299	6,850	340	-891.45	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.

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