Processing Margins for Seed Cotton in China-21/11/2019 (Unit: RMB/tonne) | |||||||
Province | Income | Expenditure | Margins | Lint Break-even Price | |||
Lint Price | Cottonseed Price | Total | Seed Cotton Cost | Processing Charge | |||
Shandong | 12,700 | 2,380 | 6,222.60 | 6,260 | 300 | -337.4 | 13,055 |
Hebei | 12,700 | 2,340 | 6,199.80 | 6,200 | 300 | -300.2 | 13,084 |
Anhui | 12,800 | 2,240 | 6,180.80 | 6,400 | 260 | -479.2 | 13,615 |
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 | 12,981 | 2,276 | 6,354.39 | 6,360 | 340 | -345.61 | 13,554 |
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. |