Processing Margins for Seed Cotton in China-18/9/2019 (Unit: RMB/tonne) | |||||||
Province | Income | Expenditure | Margins | Lint Break-even Price | |||
Lint Price | Cottonseed Price | Total | Seed Cotton Cost | Processing Charge | |||
Shandong | 12,400 | 2,590 | 6,228 | 6,540 | 300 | -611.7 | 13,456 |
Hebei | 12,400 | 2,560 | 6,211.20 | 6,100 | 300 | -188.8 | 12,471 |
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 | 2,400 | 6,348.00 | 6,400 | 300 | -352 | 13,394 |
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 | 12,960 | 2,200 | 6,304 | 6,850 | 340 | -885.6 | 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. |