Processing Margins for Seed Cotton in China--10/19/2020 (Unit: CNY/tonne) | |||||||
Province | Income | Expenditure | Margins | Lint Break-even Price | |||
Lint Price | Cottonseed Price | Total | Seed Cotton Cost | Processing Charge | |||
Shandong | 15,300 | 2,940 | 7,835.80 | 8,000 | 300 | -464.2 | 15,943 |
Hebei | 15,500 | 2,920 | 7,904.40 | 8,000 | 300 | -395.6 | 16,120 |
Anhui | 14,000 | 2,600 | 7,122.00 | 7,000 | 260 | -138 | 13,905 |
Henan | 14,000 | 2,650 | 6,704.00 | 6,800 | 300 | -396 | 14,050 |
Hubei | 14,200 | 2,660 | 6,952.20 | 6,600 | 300 | 52.2 | 13,502 |
Hunan | 14,000 | 2,500 | 6,670 | 6,400 | 280 | -10 | 13,210 |
Xinjiang | 15,400 | 2,500 | 7,804.00 | 7,000 | 1000 | -196 | 14,600 |
Nationwide | 15,272 | 2,980 | 7,787.80 | 7,500 | 340 | -52.2 | 15,061 |
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. |