Processing Margins for Seed Cotton in China-4/15/2020 (Unit: RMB/tonne) | |||||||
Province | Income | Expenditure | Margins | Lint Break-even Price | |||
Lint Price | Cottonseed Price | Total | Seed Cotton Cost | Processing Charge | |||
Shandong | 11,700 | 2,380 | 6,076.60 | 6,000 | 300 | -223.4 | 11,730 |
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 | 11,564 | 2,194 | 5,872.30 | 5,940 | 340 | -407.7 | 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. |