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Processing Margins for Seed Cotton in China-6/1/2020

2020-01-06 www.cofeed.com
Processing Margins for Seed Cotton in China-6/1/2020 (Unit: RMB/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 13,100 2,400 6,648.00 6,500 300 -152 12,992
Hebei 13,100 2,370 6,630.90 6,400 300 -69.1 12,905
Anhui 13,300 2,280 6,659.60 6,520 260 -120.4 13,189
Henan 12,800 2,120 5,963.20 5,900 300 -236.8 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 13,900 2,000 6,899.00 6,100 800 -1 13,102
Nationwide 13,263 2,181 6,544.75 6,400 340 -215.25 13,521
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.