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Processing Margins for Seed Cotton in China-25/11/2019

2019-11-25 www.cofeed.com
Processing Margins for Seed Cotton in China-25/11/2019 (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 6,320 340 -305.61 13,447
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.