Processing Margins for Seed Cotton in China-2/3/2020 (Unit: RMB/tonne) | |||||||
Province | Income | Expenditure | Margins | Lint Break-even Price | |||
Lint Price | Cottonseed Price | Total | Seed Cotton Cost | Processing Charge | |||
Shandong | 13,500 | 2,240 | 6,716.80 | 6,640 | 300 | -223.2 | 13,361 |
Hebei | 13,500 | 2,200 | 6,694.00 | 6,400 | 300 | -6 | 12,890 |
Anhui | 13,000 | 2,280 | 6,539.60 | 6,520 | 260 | -240.4 | 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 | 13,300 | 2,000 | 6,653.00 | 6,400 | 800 | -547 | 13,860 |
Nationwide | 13,307 | 2,181 | 6,562.35 | 6,500 | 340 | -277.65 | 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. |