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Processing Margins for Seed Cotton in China--7/22/2020

2020-07-22 www.cofeed.com
Processing Margins for Seed Cotton in China--7/22/2020 (Unit: CNY/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 12,000 2,790 6,430.30 6,200 300 -69.7 11,630
Hebei 12,000 2,760 6,413.20 6,100 300 13.2 11,562
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 12,210 2,245 6,258.75 5,940 340 -121.25 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.