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Processing Margins for Seed Cotton in China-13/11/2019

2019-11-13 www.cofeed.com
Processing Margins for Seed Cotton in China-13/11/2019 (Unit: RMB/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 12,700 2,320 6,188.40 6,200 300 -311.6 12,993
Hebei 12,600 2,260 6,116.20 6,000 300 -183.8 12,678
Anhui 12,700 2,240 6,142.80 6,100 260 -217.2 12,818
Henan 12,500 2,120 5,852.20 5,900 300 -347.8 12,522
Hubei 13,100 2,200 6,272.00 6,100 300 -128 12,923
Hunan 12,500 2,000 5,825 6,000 280 -455 12,964
Xinjiang 13,500 1,940 6,430.20 6,400 800 -769.8 14,645
Nationwide 12,900 2,268 6,318.40 6,360 340 -381.6 13,567
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.