Processing Margins for Seed Cotton in China--1/13/2021 (Unit: CNY/tonne) | |||||||
Province | Income | Expenditure | Margins | Lint Break-even Price | |||
Lint Price | Cottonseed Price | Total | Seed Cotton Cost | Processing Charge | |||
Shandong | 15,400 | 3,270 | 8,063.90 | 7,750 | 300 | 13.9 | 14,800 |
Hebei | 15,500 | 3,200 | 8,064.00 | 7,700 | 300 | 64 | 14,942 |
Anhui | 14,600 | 2,950 | 7,561.50 | 7,000 | 260 | 301.5 | 13,698 |
Henan | 14,500 | 2,800 | 6,973.00 | 6,600 | 300 | 73 | 13,273 |
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 | 15,536 | 2,800 | 7,794.40 | 7,340 | 390 | 64.4 | 14,931 |
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. |