Processing Margins for Seed Cotton in China-24/10/2019 (Unit: RMB/tonne) | |||||||
Province | Income | Expenditure | Margins | Lint Break-even Price | |||
Lint Price | Cottonseed Price | Total | Seed Cotton Cost | Processing Charge | |||
Shandong | 12,400 | 2,200 | 6,006.00 | 6,100 | 300 | -394 | 12,923 |
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 | 12,755 | 1,980 | 6,103.45 | 6,160 | 340 | -396.55 | 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. |