Processing Margins for Seed Cotton in China--4/20/2021 (Unit: CNY/tonne) | |||||||
Province | Income | Expenditure | Margins | Lint Break-even Price | |||
Lint Price | Cottonseed Price | Total | Seed Cotton Cost | Processing Charge | |||
Shandong | 16,000 | 3,150 | 8,235.50 | 8,000 | 300 | -64.5 | 15,853 |
Hebei | 16,000 | 3,120 | 8,218.40 | 7,950 | 300 | -31.6 | 15,771 |
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 | 16,200 | 2,560 | 8,166.80 | 7,450 | 1000 | -283.2 | 15,835 |
Nationwide | 15,660 | 3,250 | 8,091.50 | 8,000 | 390 | -298.5 | 16,183 |
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. |