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Processing Margins for Seed Cotton in China-26/9/2019

2019-09-26 www.cofeed.com
Processing Margins for Seed Cotton in China-26/9/2019 (Unit: RMB/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 12,400 2,520 6,188.40 6,500 300 -611.6 13,464
Hebei 13,000 2,480 6,393.60 6,200 300 -106.4 12,863
Anhui 13,000 2,050 6,148.50 6,000 260 -111.5 12,862
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 12,955 2,200 6,302.45 6,650 340 -687.55 14,453
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.