Processing Margins for Seed Cotton in China--10/15/2020 (Unit: CNY/tonne) | |||||||
Province | Income | Expenditure | Margins | Lint Break-even Price | |||
Lint Price | Cottonseed Price | Total | Seed Cotton Cost | Processing Charge | |||
Shandong | 14,100 | 2,710 | 7,244.70 | 7,200 | 300 | -275.3 | 14,279 |
Hebei | 14,100 | 2,700 | 7,219.00 | 7,100 | 300 | -181 | 14,177 |
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 | 2,660 | 6,686.20 | 6,400 | 300 | -13.8 | 12,970 |
Hunan | 13,400 | 2,500 | 6,448 | 6,200 | 280 | -32 | 12,680 |
Xinjiang | 14,750 | 2,400 | 7,479.50 | 6,600 | 1000 | -120.5 | 13,745 |
Nationwide | 14,285 | 2,245 | 6,988.75 | 7,000 | 340 | -351.25 | 14,252 |
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. |