Processing Margins for Seed Cotton in China--6/1/2020 (Unit: CNY/tonne) | |||||||
Province | Income | Expenditure | Margins | Lint Break-even Price | |||
Lint Price | Cottonseed Price | Total | Seed Cotton Cost | Processing Charge | |||
Shandong | 11,900 | 2,515 | 6,233.55 | 6,000 | 300 | -66.45 | 11,551 |
Hebei | 12,000 | 2,480 | 6,253.60 | 5,850 | 300 | 103.6 | 11,351 |
Anhui | 11,800 | 2,280 | 6,059.60 | 6,520 | 260 | -720.4 | 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 | 11,950 | 2,000 | 6,099.50 | 6,400 | 800 | -1100.5 | 13,860 |
Nationwide | 11,810 | 2,245 | 5,998.75 | 5,940 | 340 | -281.25 | 12,170 |
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. |