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Processing Margins for Seed Cotton in China--10/15/2020

2020-10-15 www.cofeed.com
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.