Processing Margins for Seed Cotton in China--10/12/2020

2020-10-12 www.cofeed.com

Processing Margins for Seed Cotton in China--10/12/2020 (Unit: CNY/tonne)
Province	Income			Expenditure		Margins	Lint Break-even Price
Province	Lint Price	Cottonseed Price	Total	Seed Cotton Cost	Processing Charge	Margins	Lint Break-even Price
Shandong	13,400	2,760	6,973.20	6,900	300	-226.8	13,444
Hebei	13,500	2,700	6,979.00	6,800	300	-121	13,420
Anhui	13,300	2,500	6,785.00	6,600	260	-75	13,050
Henan	13,200	2,550	6,352.00	6,500	300	-448	13,415
Hubei	13,000	2,600	6,462.00	6,200	300	-180	12,680
Hunan	13,000	2,500	6,300	6,200	280	-180	12,680
Xinjiang	14,000	2,300	7,114.00	6,500	800	-186	13,647
Nationwide	13,492	2,245	6,671.55	6,680	340	-348.45	14,096
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.

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