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Processing Margins for Seed Cotton in China-1/11/2019

2019-11-01 www.cofeed.com
Processing Margins for Seed Cotton in China-1/11/2019 (Unit: RMB/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 12,600 2,190 6,076.30 6,200 300 -423.7 13,205
Hebei 12,500 2,160 6,021.20 6,000 300 -278.8 12,836
Anhui 12,500 2,120 5,998.40 6,000 260 -261.6 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 12,964
Xinjiang 13,200 1,700 6,174.00 5,600 800 -226 12,910
Nationwide 12,830 1,980 6,132.70 6,260 340 -467.3 13,770
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.