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. |