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Processing Margins for Seed Cotton in China--12/21/2020

2020-12-21 www.cofeed.com
Processing Margins for Seed Cotton in China--12/21/2020 (Unit: CNY/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 14,900 2,720 7,550.40 7,400 300 -149.6 14,769
Hebei 14,900 2,720 7,550.40 7,300 300 -49.6 14,652
Anhui 14,000 2,580 7,110.60 7,000 260 -149.4 13,936
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 15,150 2,550 7,502.50 7,200 390 -87.5 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.