Processing Margins for Seed Cotton in China--9/18/2020 (Unit: CNY/tonne) | |||||||
Province | Income | Expenditure | Margins | Lint Break-even Price | |||
Lint Price | Cottonseed Price | Total | Seed Cotton Cost | Processing Charge | |||
Shandong | 12,700 | 2,660 | 6,636.20 | 6,400 | 300 | -63.8 | 12,337 |
Hebei | 12,700 | 2,600 | 6,602.00 | 6,200 | 300 | 102 | 12,055 |
Anhui | 12,600 | 2,280 | 6,379.60 | 6,000 | 260 | 119.6 | 11,876 |
Henan | 12,500 | 2,120 | 5,852.20 | 5,900 | 300 | -347.8 | 12,522 |
Hubei | 12,600 | 2,240 | 6,104.80 | 6,000 | 300 | -195.2 | 12,429 |
Hunan | 12,600 | 2,000 | 5,862 | 5,600 | 280 | -18 | 11,901 |
Xinjiang | 12,800 | 2,000 | 6,448.00 | 6,400 | 800 | -752 | 13,860 |
Nationwide | 12,725 | 2,245 | 6,364.75 | 6,200 | 340 | -195.25 | 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. |