Processing Margins for Seed Cotton in China-18/10/2019 (Unit: RMB/tonne) | |||||||
Province | Income | Expenditure | Margins | Lint Break-even Price | |||
Lint Price | Cottonseed Price | Total | Seed Cotton Cost | Processing Charge | |||
Shandong | 12,400 | 2,150 | 5,977.50 | 6,100 | 300 | -422.5 | 13,005 |
Hebei | 12,300 | 2,120 | 5,922.40 | 5,800 | 300 | -177.6 | 12,368 |
Anhui | 12,200 | 2,250 | 5,958.50 | 6,000 | 260 | -301.5 | 12,536 |
Henan | 12,500 | 2,200 | 5,897.00 | 5,900 | 300 | -303 | 12,392 |
Hubei | 12,300 | 2,360 | 6,059.20 | 5,800 | 300 | -40.8 | 11,865 |
Hunan | 12,500 | 2,000 | 5,825 | 6,000 | 280 | -455 | 12,965 |
Xinjiang | 12,500 | 1,800 | 5,959.00 | 5,600 | 800 | -441 | 12,747 |
Nationwide | 12,718 | 1,980 | 6,089.02 | 6,140 | 340 | -390.98 | 13,449 |
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. |