Processing Margins for Seed Cotton in China--1/4/2021 (Unit: CNY/tonne) | |||||||
Province | Income | Expenditure | Margins | Lint Break-even Price | |||
Lint Price | Cottonseed Price | Total | Seed Cotton Cost | Processing Charge | |||
Shandong | 15,200 | 2,900 | 7,773.00 | 7,600 | 300 | -127 | 14,995 |
Hebei | 15,200 | 2,880 | 7,761.60 | 7,500 | 300 | -38.4 | 14,917 |
Anhui | 14,200 | 2,700 | 7,259.00 | 7,000 | 260 | -1 | 13,750 |
Henan | 14,300 | 2,650 | 6,815.00 | 6,600 | 300 | -85 | 13,518 |
Hubei | 14,500 | 2,640 | 7,054.80 | 6,900 | 300 | -145.2 | 14,332 |
Hunan | 14,300 | 2,400 | 6,723 | 6,500 | 280 | -57 | 13,640 |
Xinjiang | 15,800 | 2,300 | 7,852.00 | 7,000 | 1000 | -148 | 14,910 |
Nationwide | 15,355 | 2,550 | 7,584.50 | 7,280 | 390 | -85.5 | 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. |