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Processing Margins for Seed Cotton in China-16/12/2019

2019-12-16 www.cofeed.com
Processing Margins for Seed Cotton in China-16/12/2019 (Unit: RMB/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 12,800 2,420 6,539.40 6,260 300 -20.6 12,355
Hebei 12,800 2,400 6,528.00 6,200 300 28 12,400
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 12,986 2,181 6,433.95 6,268 340 -174.05 13,125
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.