Processing Margins for Seed Cotton in China--10/27/2020

2020-10-27 www.cofeed.com

Processing Margins for Seed Cotton in China--10/27/2020 (Unit: CNY/tonne)
Province	Income			Expenditure		Margins	Lint Break-even Price
Province	Lint Price	Cottonseed Price	Total	Seed Cotton Cost	Processing Charge	Margins	Lint Break-even Price
Shandong	15,000	2,940	7,715.80	7,400	300	15.8	14,428
Hebei	15,200	2,920	7,784.40	7,350	300	134.4	14,478
Anhui	14,800	2,600	7,442.00	7,100	260	82	14,157
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	15,211	2,980	7,763.40	7,500	340	-76.6	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.

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