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Processing Margins for Seed Cotton in China--12/14/2020

2020-12-14 www.cofeed.com
Processing Margins for Seed Cotton in China--12/14/2020 (Unit: CNY/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 14,500 2,750 7,407.50 7,300 300 -192.5 14,470
Hebei 14,600 2,740 7,441.80 7,200 300 -58.2 14,370
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 15,600 2,300 7,770.00 7,000 1000 -230 14,910
Nationwide 14,972 2,558 7,435.70 7,068 390 -22.3 14,608
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.