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Processing Margins for Seed Cotton in China--1/19/2021

2021-01-19 www.cofeed.com
Processing Margins for Seed Cotton in China--1/19/2021 (Unit: CNY/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 15,400 3,160 8,001.20 7,740 300 -38.8 14,945
Hebei 15,500 3,120 8,018.40 7,700 300 18.4 15,062
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 3,020 7,309.40 7,000 300 9.4 13,977
Hunan 14,500 2,800 7,029 6,800 280 -51 13,785
Xinjiang 15,800 2,560 8,002.80 7,000 1000 2.8 14,507
Nationwide 15,505 2,800 7,782.00 7,340 390 52 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.