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Processing Margins for Seed Cotton in China-4/11/2019

2019-11-04 www.cofeed.com
Processing Margins for Seed Cotton in China-4/11/2019 (Unit: RMB/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 12,700 2,260 6,154.20 6,200 300 -345.8 13,091
Hebei 12,600 2,200 6,082.00 6,000 300 -218 12,773
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 13,300 1,820 6,282.60 5,800 800 -317.4 13,246
Nationwide 12,850 1,980 6,140.50 6,280 340 -479.5 13,823
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.