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Processing Margins for Seed Cotton in China--11/13/2020

2020-11-13 www.cofeed.com
Processing Margins for Seed Cotton in China--11/13/2020 (Unit: CNY/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 14,600 2,840 7,498.80 7,300 300 -101.2 14,315
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 2,550 7,028.20 6,600 300 65.5 13,681
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 2,634 7,435.10 7,080 340 15.1 14,518
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.