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. |