Processing Margins for Seed Cotton in China-28/9/2019 (Unit: RMB/tonne) | |||||||
Province | Income | Expenditure | Margins | Lint Break-even Price | |||
Lint Price | Cottonseed Price | Total | Seed Cotton Cost | Processing Charge | |||
Shandong | 12,400 | 2,500 | 6,177.00 | 6,200 | 300 | -323 | 12,700 |
Hebei | 12,300 | 2,500 | 6,139.00 | 5,800 | 300 | 39 | 11,768 |
Anhui | 12,700 | 2,400 | 6,234.00 | 6,000 | 260 | -26 | 12,291 |
Henan | 13,000 | 2,000 | 5,970.00 | 6,000 | 300 | -330 | 12,984 |
Hubei | 13,000 | 2,200 | 6,234.00 | 6,000 | 300 | -66 | 12,657 |
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 | 12,915 | 2,200 | 6,286.85 | 6,300 | 340 | -353.15 | 13,518 |
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. |