Processing Margins for Seed Cotton in China--10/14/2020

2020-10-14 www.cofeed.com

Processing Margins for Seed Cotton in China--10/14/2020 (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	13,900	2,710	7,144.70	7,000	300	-155.3	13,774
Hebei	14,000	2,700	7,179.00	7,000	300	-121	13,925
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	14,400	2,400	7,336.00	6,600	800	-64	13,745
Nationwide	13,910	2,245	6,838.75	6,720	340	-221.25	14,200
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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