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Processing Margins for Seed Cotton in China--10/16/2020

2020-10-16 www.cofeed.com
Processing Margins for Seed Cotton in China--10/16/2020 (Unit: CNY/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 14,400 2,800 7,396.00 7,200 300 -104 14,140
Hebei 14,500 2,780 7,424.60 7,150 300 -25.4 14,183
Anhui 14,000 2,600 7,122.00 6,800 260 62 13,400
Henan 14,000 2,650 6,704.00 6,800 300 -396 14,050
Hubei 14,200 2,660 6,952.20 6,500 300 152.2 13,236
Hunan 14,000 2,500 6,670 6,400 280 -10 13,210
Xinjiang 14,750 2,400 7,479.50 6,600 1000 -120.5 13,745
Nationwide 14,405 2,400 7,122.00 7,000 340 -218 14,682
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.