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Processing Margins for Seed Cotton in China--3/5/2021

2021-03-05 www.mnk-9.com
Processing Margins for Seed Cotton in China--3/5/2021 (Unit: CNY/tonne)
Province Income Expenditure Margins Lint Break-even Price
Lint Price Cottonseed Price Total Seed Cotton Cost Processing Charge
Shandong 17,000 3,300 8,721.00 8,400 300 21 16,642
Hebei 17,000 3,300 8,721.00 8,350 300 71 16,433
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 15,000 3,020 7,461.40 7,100 300 61.4 14,561
Hunan 14,800 2,800 7,140 6,800 280 60 14,080
Xinjiang 17,000 2,560 8,494.80 7,450 1000 44.8 15,835
Nationwide 16,600 3,200 8,440.00 7,990 390 60 16,233
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.