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Processing Margins for Seed Cotton in China--10/28/2020

2020-10-28 www.cofeed.com
Processing Margins for Seed Cotton in China--10/28/2020 (Unit: CNY/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
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.