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Processing Margins for Seed Cotton in China--4/23/2021

2021-04-23 www.cofeed.com
Processing Margins for Seed Cotton in China--4/23/2021 (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 8,100 300 -164.5 16,106
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 15,800 3,100 7,811.00 7,900 300 -389 16,565
Hunan 14,800 2,800 7,140 6,800 280 60 14,080
Xinjiang 16,300 2,560 8,207.80 7,450 1000 -242.2 15,835
Nationwide 15,804 3,250 8,149.10 8,000 390 -240.9 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.