Processing Margins for Seed Cotton in China--12/9/2020

2020-12-09 www.cofeed.com

Processing Margins for Seed Cotton in China--12/9/2020 (Unit: CNY/tonne)
Province	Income			Expenditure		Margins	Lint Break-even Price
Province	Lint Price	Cottonseed Price	Total	Seed Cotton Cost	Processing Charge	Margins	Lint Break-even Price
Shandong	14,500	2,790	7,430.30	7,260	300	-129.7	14,307
Hebei	14,600	2,760	7,453.20	7,200	300	-46.8	14,340
Anhui	13,800	2,580	7,030.60	6,900	260	-129.4	13,683
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	2,300	7,729.00	6,800	1000	-71	14,405
Nationwide	14,916	2,565	7,417.15	7,068	340	9.15	14,597
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.

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