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Processing Margins for Seed Cotton in China--2/18/2021

2021-02-18 www.cofeed.com
Processing Margins for Seed Cotton in China--2/18/2021 (Unit: CNY/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 16,000 3,120 8,218.40 7,900 300 18.4 15,411
Hebei 16,000 3,100 8,207.00 7,900 300 7 15,597
Anhui 15,000 2,800 7,486.00 7,100 260 126 14,195
Henan 15,000 2,900 7,364.00 7,000 300 64 14,173
Hubei 15,000 3,020 7,461.40 7,000 300 161.4 13,977
Hunan 14,800 2,800 7,140 6,800 280 60 13,785
Xinjiang 16,200 2,560 8,166.80 7,000 1000 166.8 14,507
Nationwide 15,922 2,800 7,948.80 7,380 390 178.8 15,035
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.