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Processing Margins for Seed Cotton in China-2/3/2020

2020-03-02 www.cofeed.com
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.