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Processing Margins for Seed Cotton in China--11/5/2020

2020-11-05 www.cofeed.com
Processing Margins for Seed Cotton in China--11/5/2020 (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 7,300 300 -9.8 14,299
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 14,500 2,650 6,889.00 6,800 300 -211 14,050
Hubei 14,400 2,660 7,028.20 6,600 300 128.2 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 14,975 2,980 7,669.00 7,500 340 -171 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.