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Processing Margins for Seed Cotton in China--12/7/2020

2020-12-07 www.cofeed.com
Processing Margins for Seed Cotton in China--12/7/2020 (Unit: CNY/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 14,500 2,790 7,430.30 7,260 300 -129.7 14,307
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 14,000 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 15,500 2,420 7,798.60 6,800 1000 -1.4 14,219
Nationwide 14,911 2,580 7,423.00 7,064 340 19 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.