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Processing Margins for Seed Cotton in China--4/14/2021

2021-04-14 www.cofeed.com
Processing Margins for Seed Cotton in China--4/14/2021 (Unit: CNY/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 16,000 3,100 8,207.00 8,000 300 -93 15,927
Hebei 16,000 3,050 8,178.50 7,750 300 128.5 15,370
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 16,000 3,100 7,887.00 7,900 300 -313 16,565
Hunan 14,800 2,800 7,140 6,800 280 60 14,080
Xinjiang 16,400 2,560 8,248.80 7,450 1000 -201.2 15,835
Nationwide 15,582 3,200 8,032.80 8,000 390 -357.2 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.