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Processing Margins for Seed Cotton in China-06/9/2019

2019-09-06 www.mnk-9.com
Processing Margins for Seed Cotton in China-06/9/2019 (Unit: RMB/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 12,100 2,760 6,211 6,200 300 -288.8 12,275
Hebei 13,000 2,500 6,405.00 6,100 300 5 12,565
Anhui 13,300 2,050 6,262.50 6,750 260 -747.5 14,856
Henan 13,000 2,000 5,970.00 6,700 300 -1030 14,844
Hubei 13,000 1,920 6,074.40 6,700 300 -925.6 14,975
Hunan 13,000 2,000 6,010 6,600 280 -870 14,558
Xinjiang 12,500 1,520 5,796.60 6,400 800 -1403.4 15,330
Nationwide 12,945 2,200 6,299 6,850 340 -891.45 14,987
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.