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Processing Margins for Seed Cotton in China-21/2/2020

2020-02-21 www.cofeed.com
Processing Margins for Seed Cotton in China-21/2/2020 (Unit: RMB/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 13,600 2,390 6,842.30 6,640 300 -97.7 13,361
Hebei 13,500 2,380 6,796.60 6,400 300 96.6 12,890
Anhui 13,300 2,280 6,659.60 6,520 260 -120.4 13,189
Henan 13,000 2,120 6,037.20 5,900 300 -162.8 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 14,400 2,000 7,104.00 6,100 800 -96 13,860
Nationwide 13,581 2,181 6,672.35 6,500 340 -168.05 13,729
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.