Processing Margins for Seed Cotton in China--12/3/2020 (Unit: CNY/tonne) | |||||||
Province | Income | Expenditure | Margins | Lint Break-even Price | |||
Lint Price | Cottonseed Price | Total | Seed Cotton Cost | Processing Charge | |||
Shandong | 14,500 | 2,810 | 7,441.70 | 7,260 | 300 | -118.3 | 14,276 |
Hebei | 14,500 | 2,760 | 7,413.20 | 7,150 | 300 | -75.4 | 14,310 |
Anhui | 13,700 | 2,520 | 6,956.40 | 6,800 | 260 | -103.6 | 13,524 |
Henan | 14,300 | 2,650 | 6,815.00 | 6,600 | 300 | -85 | 13,518 |
Hubei | 14,200 | 2,480 | 6,849.60 | 6,500 | 300 | 49.6 | 13,530 |
Hunan | 14,000 | 2,400 | 6,612 | 6,200 | 280 | 132 | 12,843 |
Xinjiang | 15,500 | 2,420 | 7,798.60 | 6,800 | 1000 | -1.4 | 14,219 |
Nationwide | 14,900 | 2,580 | 7,419.00 | 7,064 | 340 | 15 | 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. |