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Processing Margins for Seed Cotton in China--12/29/2020

2020-12-29 www.cofeed.com
Processing Margins for Seed Cotton in China--12/29/2020 (Unit: CNY/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 15,000 2,800 7,636.00 7,400 300 -64 14,645
Hebei 15,000 2,780 7,624.60 7,350 300 -25.4 14,688
Anhui 13,900 2,600 7,082.00 7,000 260 -178 13,905
Henan 14,300 2,650 6,815.00 6,600 300 -85 13,518
Hubei 14,000 2,480 6,773.60 6,400 300 73.6 13,264
Hunan 14,000 2,400 6,612 6,300 280 32 13,108
Xinjiang 15,800 2,300 7,852.00 7,000 1000 -148 14,910
Nationwide 15,155 2,550 7,504.50 7,200 390 -85.5 14,964
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.