Processing Margins for Seed Cotton in China--9/23/2020 (Unit: CNY/tonne) | |||||||
Province | Income | Expenditure | Margins | Lint Break-even Price | |||
Lint Price | Cottonseed Price | Total | Seed Cotton Cost | Processing Charge | |||
Shandong | 12,700 | 2,720 | 6,670.40 | 6,500 | 300 | -129.6 | 12,496 |
Hebei | 12,700 | 2,720 | 6,670.40 | 6,400 | 300 | -29.6 | 12,380 |
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 | 13,003 |
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. |