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. |