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Processing Margins for Seed Cotton in China-30/9/2019

2019-09-30 www.cofeed.com
Processing Margins for Seed Cotton in China-30/9/2019 (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.