| Processing Margins for Seed Cotton in China--4/28/2021 (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 | 16,200 | 3,120 | 8,298.40 | 8,000 | 300 | -1.6 | 15,898 |
| 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 | 16,500 | 2,560 | 8,289.80 | 7,450 | 1000 | -160.2 | 15,835 |
| Nationwide | 15,939 | 3,250 | 8,203.10 | 8,000 | 390 | -186.9 | 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. | |||||||
