Processing Margins for Seed Cotton in China-9/12/2019 (Unit: RMB/tonne) | |||||||
Province | Income | Expenditure | Margins | Lint Break-even Price | |||
Lint Price | Cottonseed Price | Total | Seed Cotton Cost | Processing Charge | |||
Shandong | 12,700 | 2,400 | 6,488.00 | 6,200 | 300 | -12 | 12,235 |
Hebei | 12,800 | 2,320 | 6,482.40 | 6,200 | 300 | -17.6 | 12,475 |
Anhui | 12,800 | 2,218 | 6,424.26 | 6,400 | 260 | -235.74 | 12,982 |
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 | 5,600 | 280 | -55 | 11,901 |
Xinjiang | 13,500 | 1,940 | 6,700.20 | 6,100 | 800 | -199.8 | 13,195 |
Nationwide | 12,963 | 2,171 | 6,419.25 | 6,240 | 340 | -160.75 | 13,068 |
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. |