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Processing Margins for Seed Cotton in China-23/10/2019

2019-10-23 www.cofeed.com
Processing Margins for Seed Cotton in China-23/10/2019 (Unit: RMB/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 12,400 2,160 5,983.20 6,100 300 -416.8 12,988
Hebei 12,400 2,140 5,971.80 5,800 300 -128.2 12,336
Anhui 12,400 2,120 5,960.40 6,000 260 -299.6 12,748
Henan 12,500 2,120 5,852.20 5,900 300 -347.8 12,522
Hubei 12,500 2,150 6,015.50 5,900 300 -184.5 12,473
Hunan 12,500 2,000 5,825 6,000 280 -455 12,965
Xinjiang 13,200 1,700 6,174.00 5,600 800 -226 12,910
Nationwide 12,750 1,980 6,101.50 6,160 340 -398.5 13,503
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.