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Processing Margins for Seed Cotton in China--1/7/2021

2021-01-07 www.cofeed.com
Processing Margins for Seed Cotton in China--1/7/2021 (Unit: CNY/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 15,300 3,000 7,870.00 7,600 300 -30 14,840
Hebei 15,300 2,980 7,858.60 7,550 300 8.6 14,893
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 15,438 2,550 7,617.70 7,300 390 -72.3 15,224
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.