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Processing Margins for Seed Cotton in China-18/9/2019

2019-09-18 www.mnk-9.com
Processing Margins for Seed Cotton in China-18/9/2019 (Unit: RMB/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 12,400 2,590 6,228 6,540 300 -611.7 13,456
Hebei 12,400 2,560 6,211.20 6,100 300 -188.8 12,471
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 2,400 6,348.00 6,400 300 -352 13,394
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 12,960 2,200 6,304 6,850 340 -885.6 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.