Processing Margins for Seed Cotton in China--9/1/2020 (Unit: CNY/tonne) | |||||||
Province | Income | Expenditure | Margins | Lint Break-even Price | |||
Lint Price | Cottonseed Price | Total | Seed Cotton Cost | Processing Charge | |||
Shandong | 12,200 | 2,790 | 6,510.30 | 6,350 | 300 | -139.7 | 12,009 |
Hebei | 12,100 | 2,680 | 6,407.60 | 6,140 | 300 | -32.4 | 11,783 |
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 | 12,500 | 2,000 | 6,325.00 | 6,400 | 800 | -875 | 13,860 |
Nationwide | 12,420 | 2,245 | 6,242.75 | 6,220 | 340 | -317.25 | 12,846 |
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. |