Processing Margins for Seed Cotton in China--11/20/2020 (Unit: CNY/tonne) | |||||||
Province | Income | Expenditure | Margins | Lint Break-even Price | |||
Lint Price | Cottonseed Price | Total | Seed Cotton Cost | Processing Charge | |||
Shandong | 14,500 | 2,780 | 7,424.60 | 7,200 | 300 | -75.4 | 14,171 |
Hebei | 14,500 | 2,760 | 7,413.20 | 7,150 | 300 | -36.8 | 14,213 |
Anhui | 14,400 | 2,600 | 7,282.00 | 7,100 | 260 | -78 | 14,157 |
Henan | 14,500 | 2,650 | 6,889.00 | 6,600 | 300 | -11 | 13,518 |
Hubei | 14,300 | 2,480 | 6,887.60 | 6,600 | 300 | -12.4 | 13,714 |
Hunan | 14,500 | 2,500 | 6,855 | 6,600 | 280 | -25 | 13,743 |
Xinjiang | 15,400 | 2,450 | 7,775.00 | 6,800 | 1000 | -25 | 14,172 |
Nationwide | 14,838 | 2,520 | 7,361.20 | 7,040 | 340 | -18.8 | 14,595 |
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. |