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Processing Margins for Seed Cotton in China--10/20/2020

2020-10-20 www.cofeed.com
Processing Margins for Seed Cotton in China--10/20/2020 (Unit: CNY/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 15,900 2,970 8,092.90 7,950 300 -157.1 15,770
Hebei 15,900 2,920 8,064.40 7,900 300 -135.6 15,867
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 15,315 2,980 7,805.00 7,500 340 -35 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.