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Processing Margins for Seed Cotton in China--9/30/2020

2020-09-30 www.cofeed.com
Processing Margins for Seed Cotton in China--9/30/2020 (Unit: CNY/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 12,700 2,680 6,647.60 6,440 300 -92.4 12,407
Hebei 12,700 2,680 6,647.60 6,400 300 -52.4 12,440
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 13,000 2,200 6,646.00 6,000 800 -154 12,540
Nationwide 12,780 2,245 6,386.75 6,300 340 -253.25 13,107
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.