Processing Margins for Seed Cotton in China--10/30/2020

2020-10-30 www.cofeed.com

Processing Margins for Seed Cotton in China--10/30/2020 (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	2,850	7,664.50	7,400	300	-35.5	14,567
Hebei	15,200	2,860	7,750.20	7,350	300	100.2	14,568
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	15,200	2,980	7,759.00	7,500	340	-81	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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