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Processing Margins for Seed Cotton in China-21/10/2019

2019-10-21 www.cofeed.com
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.