Processing Margins for Seed Cotton in China--1/25/2021 (Unit: CNY/tonne) | |||||||
Province | Income | Expenditure | Margins | Lint Break-even Price | |||
Lint Price | Cottonseed Price | Total | Seed Cotton Cost | Processing Charge | |||
Shandong | 15,400 | 3,140 | 7,989.80 | 7,780 | 300 | -90.2 | 15,077 |
Hebei | 15,500 | 3,100 | 8,007.00 | 766 | 300 | 47 | 14,991 |
Anhui | 14,600 | 2,800 | 7,330.00 | 7,000 | 260 | 70 | 13,936 |
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 | 15,488 | 2,800 | 7,775.20 | 7,360 | 390 | 25.2 | 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. |