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Processing Margins for Seed Cotton in China--4/8/2020

2020-04-08 www.cofeed.com
Processing Margins for Seed Cotton in China-4/8/2020 (Unit: RMB/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 11,700 2,320 6,042.40 6,000 300 -257.6 11,854
Hebei 11,800 2,300 6,071.00 5,800 300 -29 11,495
Anhui 12,000 2,280 6,139.60 6,520 260 -640.4 13,189
Henan 11,500 2,120 5,482.20 5,900 300 -717.8 12,522
Hubei 12,000 2,340 5,933.80 6,100 300 -466.2 12,695
Hunan 11,700 2,000 5,529 5,600 280 -351 11,901
Xinjiang 12,000 2,000 6,120.00 6,400 800 -1080 13,860
Nationwide 11,575 2,194 5,876.70 5,940 340 -403.3 12,251
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.