Processing Margins for Seed Cotton in China--10/23/2020 (Unit: CNY/tonne) | |||||||
Province | Income | Expenditure | Margins | Lint Break-even Price | |||
Lint Price | Cottonseed Price | Total | Seed Cotton Cost | Processing Charge | |||
Shandong | 15,500 | 2,970 | 7,932.90 | 7,200 | 300 | 432.9 | 13,876 |
Hebei | 15,600 | 2,940 | 7,955.80 | 7,200 | 300 | 455.8 | 14,070 |
Anhui | 15,000 | 2,600 | 7,522.00 | 7,200 | 260 | 62 | 14,410 |
Henan | 14,800 | 2,650 | 7,000.00 | 6,800 | 300 | -100 | 14,050 |
Hubei | 14,500 | 2,660 | 7,066.20 | 6,600 | 300 | 166.2 | 13,502 |
Hunan | 15,000 | 2,500 | 7,040 | 6,600 | 280 | 160 | 1,373 |
Xinjiang | 15,400 | 2,500 | 7,804.00 | 7,000 | 1000 | -196 | 14,600 |
Nationwide | 15,300 | 29,800 | 7,789.80 | 7,500 | 340 | -50.2 | 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. |