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Processing Margins for Seed Cotton in China--1/18/2021

2021-01-18 www.cofeed.com
Processing Margins for Seed Cotton in China--1/18/2021 (Unit: CNY/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 15,400 3,180 8,012.60 7,740 300 -27.4 14,914
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 15,480 2,800 7,772.00 7,340 390 42 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.