Processing Margins for Seed Cotton in China-30/12/2019

2019-12-30 www.cofeed.com

Processing Margins for Seed Cotton in China-30/12/2019 (Unit: RMB/tonne)
Province	Income			Expenditure		Margins	Lint Break-even Price
Province	Lint Price	Cottonseed Price	Total	Seed Cotton Cost	Processing Charge	Margins	Lint Break-even Price
Shandong	12,800	2,430	6,545.10	6,300	300	-54.9	12,441
Hebei	12,800	2,400	6,528.00	6,300	300	-72	12,607
Anhui	13,300	2,280	6,659.60	6,520	260	-120.4	13,189
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	13,163	2,181	6,504.75	6,380	340	-215.25	13,417
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.

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