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Processing Margins for Seed Cotton in China--11/12/2020

2020-11-12 www.cofeed.com
Processing Margins for Seed Cotton in China--11/12/2020 (Unit: CNY/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 14,600 2,850 7,504.50 7,200 300 4.5 14,062
Hebei 14,700 2,800 7,516.00 7,200 300 16 14,280
Anhui 14,400 2,600 7,282.00 7,100 260 -78 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 6,800 1000 4 14,095
Nationwide 14,866 2,651 7,444.45 7,080 340 24.45 14,143
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.