Processing Margins for Seed Cotton in China--11/4/2020 (Unit: CNY/tonne) | |||||||
Province | Income | Expenditure | Margins | Lint Break-even Price | |||
Lint Price | Cottonseed Price | Total | Seed Cotton Cost | Processing Charge | |||
Shandong | 14,800 | 2,800 | 7,556.00 | 7,300 | 300 | -44 | 14,392 |
Hebei | 14,900 | 2,800 | 7,596.00 | 7,300 | 300 | -4 | 14,532 |
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 | 14,000 | 2,660 | 6,876.20 | 6,600 | 300 | -23.8 | 13,502 |
Hunan | 14,500 | 2,500 | 6,855 | 6,600 | 280 | -25 | 13,743 |
Xinjiang | 15,400 | 2,500 | 7,804.00 | 7,000 | 1000 | -196 | 14,600 |
Nationwide | 14,983 | 2,980 | 7,672.20 | 7,500 | 340 | -167.8 | 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. |