Processing Margins for Seed Cotton in China--1/11/2021 (Unit: CNY/tonne) | |||||||
Province | Income | Expenditure | Margins | Lint Break-even Price | |||
Lint Price | Cottonseed Price | Total | Seed Cotton Cost | Processing Charge | |||
Shandong | 15,400 | 3,200 | 8,024.00 | 7,700 | 300 | 24 | 14,782 |
Hebei | 15,500 | 3,160 | 8,041.20 | 7,650 | 300 | 91.2 | 14,876 |
Anhui | 14,700 | 2,800 | 7,516.00 | 7,000 | 260 | 256 | 13,905 |
Henan | 14,500 | 2,700 | 6,917.00 | 6,600 | 300 | 17 | 13,436 |
Hubei | 14,600 | 2,800 | 7,184.00 | 6,900 | 300 | -16 | 14,071 |
Hunan | 14,500 | 2,800 | 7,029 | 6,800 | 280 | -51 | 13,785 |
Xinjiang | 15,800 | 2,520 | 7,979.60 | 7,000 | 1000 | -20.4 | 14,569 |
Nationwide | 15,511 | 2,800 | 7,784.40 | 7,360 | 390 | 34.4 | 14,983 |
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. |