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Processing Margins for Seed Cotton in China--6/1/2020

2020-06-01 www.cofeed.com
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.