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Processing Margins for Seed Cotton in China--10/9/2020

2020-10-09 www.cofeed.com
Processing Margins for Seed Cotton in China--10/9/2020 (Unit: CNY/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 12,900 2,640 6,704.80 6,600 300 -195.2 12,873
Hebei 13,000 2,640 6,744.80 6,450 300 -5.2 12,626
Anhui 12,800 2,500 6,585.00 6,400 260 -75 12,545
Henan 12,800 2,240 6,142.40 6,000 300 -157.6 12,266
Hubei 12,600 2,240 6,104.80 6,100 300 -295.2 12,429
Hunan 12,600 2,200 5,978 5,800 280 -102 12,106
Xinjiang 13,000 2,200 6,646.00 6,000 800 -154 12,540
Nationwide 12,922 2,245 6,443.55 6,400 340 -296.45 13,367
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.