Processing Margins for Seed Cotton in China--12/23/2020 (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 | 7,300 | 300 | -49.6 | 14,516 |
Hebei | 14,900 | 2,720 | 7,550.40 | 7,300 | 300 | -49.6 | 14,652 |
Anhui | 13,900 | 2,580 | 7,070.60 | 7,000 | 260 | -189.4 | 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 | 15,094 | 2,550 | 7,480.10 | 7,200 | 390 | -109.9 | 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. |