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Processing Margins for Seed Cotton in China--11/2/2020

2020-11-02 www.cofeed.com
Processing Margins for Seed Cotton in China--11/2/2020 (Unit: CNY/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 14,800 2,860 7,590.20 7,400 300 -109.8 14,552
Hebei 15,000 2,860 7,670.20 7,350 300 20.2 14,568
Anhui 14,500 2,600 7,322.00 7,100 260 -38 14,157
Henan 14,800 2,650 7,000.00 6,800 300 -100 14,050
Hubei 14,300 2,660 6,990.20 6,600 300 90.2 13,502
Hunan 14,600 2,500 6,892 6,600 280 12 1,373
Xinjiang 15,400 2,500 7,804.00 7,000 1000 -196 14,600
Nationwide 15,000 2,980 7,679.00 7,500 340 -161 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.