| Processing Margins for Seed Cotton in China--1/5/2021 (Unit: CNY/tonne) | |||||||
| Province | Income | Expenditure | Margins | Lint Break-even Price | |||
| Lint Price | Cottonseed Price | Total | Seed Cotton Cost | Processing Charge | |||
| Shandong | 15,300 | 2,940 | 7,835.80 | 7,600 | 300 | -64.2 | 14,995 |
| Hebei | 15,300 | 2,880 | 7,801.60 | 7,500 | 300 | 1.6 | 14,917 |
| Anhui | 14,700 | 2,600 | 7,402.00 | 7,000 | 260 | 142 | 13,905 |
| Henan | 14,300 | 2,650 | 6,815.00 | 6,600 | 300 | -85 | 13,518 |
| Hubei | 14,500 | 2,640 | 7,054.80 | 6,900 | 300 | -145.2 | 14,332 |
| Hunan | 14,300 | 2,400 | 6,723 | 6,500 | 280 | -57 | 13,640 |
| Xinjiang | 15,800 | 2,450 | 7,939.00 | 7,000 | 1000 | -61 | 14,677 |
| Nationwide | 15,405 | 2,550 | 7,604.50 | 7,280 | 390 | -65.5 | 14,964 |
| 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. | |||||||
