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Processing Margins for Seed Cotton in China--9/22/2020

2020-09-22 www.cofeed.com
Processing Margins for Seed Cotton in China--9/22/2020 (Unit: CNY/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 12,700 2,760 6,693.20 6,500 300 -106.8 12,434
Hebei 12,700 2,760 6,693.20 6,400 300 -6.8 12,320
Anhui 12,600 2,280 6,379.60 6,100 260 19.6 12,128
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 12,772 2,245 6,383.55 6,260 340 -216.45 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.