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Processing Margins for Seed Cotton in China--11/24/2020

2020-11-24 www.cofeed.com
Processing Margins for Seed Cotton in China--11/24/2020 (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 14,866 2,520 7,361.20 7,040 340 -7.6 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.