Processing Margins for Seed Cotton in China--10/13/2020

2020-10-13 www.cofeed.com

Processing Margins for Seed Cotton in China--10/13/2020 (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	13,800	2,720	7,110.40	6,900	300	-89.6	13,506
Hebei	13,800	2,700	7,099.00	6,900	300	-101	13,672
Anhui	13,500	2,600	6,922.00	6,650	260	12	13,021
Henan	13,400	2,550	6,426.00	6,500	300	-374	13,415
Hubei	13,500	2,600	6,652.00	6,200	300	152	12,536
Hunan	13,400	2,500	6,448	6,200	280	-32	12,680
Xinjiang	14,000	2,300	7,114.00	6,500	800	-186	13,647
Nationwide	13,522	2,245	6,683.55	6,680	340	-336.45	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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