Processing Margins for Seed Cotton in China--7/21/2020 (Unit: CNY/tonne) | |||||||
Province | Income | Expenditure | Margins | Lint Break-even Price | |||
Lint Price | Cottonseed Price | Total | Seed Cotton Cost | Processing Charge | |||
Shandong | 12,000 | 2,720 | 6,390.40 | 6,200 | 300 | -109.6 | 11,739 |
Hebei | 12,000 | 2,740 | 6,401.80 | 6,100 | 300 | 1.8 | 11,592 |
Anhui | 11,500 | 2,280 | 5,939.60 | 6,520 | 260 | -840.4 | 13,189 |
Henan | 11,500 | 2,120 | 5,482.20 | 5,900 | 300 | -717.8 | 12,522 |
Hubei | 11,500 | 2,340 | 5,743.80 | 6,100 | 300 | -656.2 | 12,695 |
Hunan | 11,200 | 2,000 | 5,344 | 5,600 | 280 | -526 | 11,901 |
Xinjiang | 12,200 | 2,000 | 6,202.00 | 6,400 | 800 | -998 | 13,860 |
Nationwide | 12,120 | 2,245 | 6,122.75 | 5,940 | 340 | -157.25 | 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. |