Processing Margins for Seed Cotton in China--2/22/2021 (Unit: CNY/tonne) | |||||||
Province | Income | Expenditure | Margins | Lint Break-even Price | |||
Lint Price | Cottonseed Price | Total | Seed Cotton Cost | Processing Charge | |||
Shandong | 16,200 | 3,160 | 8,321.20 | 8,000 | 300 | 21.2 | 15,602 |
Hebei | 16,200 | 3,140 | 8,309.80 | 8,000 | 300 | 9.8 | 15,850 |
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 | 7,100 | 300 | 61.4 | 14,243 |
Hunan | 14,800 | 2,800 | 7,140 | 6,800 | 280 | 60 | 13,785 |
Xinjiang | 16,200 | 2,560 | 8,166.80 | 7,000 | 1000 | 66.8 | 14,507 |
Nationwide | 16,226 | 3,100 | 8,235.40 | 7,800 | 390 | 45.4 | 15,651 |
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. |