Processing Margins for Seed Cotton in China--1/5/2021

2021-01-05 www.cofeed.com

Processing Margins for Seed Cotton in China--1/5/2021 (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	15,300	2,940	7,835.80	7,600	300	-64.2	14,995
Hebei	15,300	2,880	7,801.60	7,500	300	1.6	14,917
Anhui	14,700	2,600	7,402.00	7,000	260	142	13,905
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	2,450	7,939.00	7,000	1000	-61	14,677
Nationwide	15,405	2,550	7,604.50	7,280	390	-65.5	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.

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