Processing Margins for Seed Cotton in China--3/15/2021 (Unit: CNY/tonne) | |||||||
Province | Income | Expenditure | Margins | Lint Break-even Price | |||
Lint Price | Cottonseed Price | Total | Seed Cotton Cost | Processing Charge | |||
Shandong | 16,800 | 3,200 | 8,584.00 | 8,300 | 300 | -16 | 16,537 |
Hebei | 16,800 | 3,100 | 8,527.00 | 8,200 | 300 | 27 | 16,355 |
Anhui | 15,000 | 2,800 | 7,486.00 | 7,100 | 260 | 126 | 14,339 |
Henan | 15,000 | 2,900 | 7,364.00 | 7,000 | 300 | 64 | 14,478 |
Hubei | 16,500 | 3,100 | 8,077.00 | 8,000 | 300 | -223 | 16,831 |
Hunan | 14,800 | 2,800 | 7,140 | 6,800 | 280 | 60 | 14,080 |
Xinjiang | 16,800 | 2,560 | 8,412.80 | 7,450 | 1000 | -37.2 | 15,835 |
Nationwide | 16,370 | 3,200 | 8,348.00 | 8,000 | 390 | -42 | 16,259 |
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. |