The Price Of Cottonseed Is Stable &Nbsp, And The Volume Of Products Is Very Small.
Domestic CPI data in November hit a new high of 28 months and inflationary pressure increased. In order to control the price trend, the state tightened liquidity on the one hand by raising the reserve ratio, and on the other hand, increased market supply through continuous dumping and storage, strictly controlled speculation, and stabilized the price trend. All the above factors have brought more pressure to the cotton sub market, and the enterprises are generally cautious in entering the market, and the pactions in most areas are light. However, the processing capacity of the major manufacturers has dropped significantly in recent years, the market supply is insufficient, and cotton farmers are reluctant to sell, and seed cotton purchase prices remain high, supporting the stable cotton market.
In December 16th,
domestic
Cottonseed price is stable, local slightly down.
Recently, the spot price of soybean oil and soybean meal has stopped rising, which has brought pressure to the cottonseed market, and the enthusiasm of the oil factory has been frustrated again.
The price of cotton oil has risen steadily.
Affected by the drop in soybean oil prices, domestic soybean oil, palm oil and other oil prices and spot prices have declined, which has caused some adverse effects on cotton oil.
Fortunately, at present, compared with other oils and fats, such as soya bean oil and palm oil, cotton oil still has certain price advantages. The oil factory has strong desire for price and keeps the market stable.
Cottonseed meal market continued weak.
Affected by the state regulation policy and the decline in the price of foreign markets, domestic soybean meal prices have dropped, feed factories have not been active in the market, and most of the cottonseed meal in most areas have been closed, and the market is low.
However, due to the high cost of cottonseed purchase, the oil factory has no intention to reduce prices, supporting the stability of the cottonseed meal market.
The market for cotton lint is light. Quotation Basically stable. Facing the pressure of national regulation and control policy, downstream The confidence of the production enterprises has been hit hard, and the recent heavy rain and snow weather in some parts of the country has affected the normal trade order and made the cotton short silk market more popular. However, at present, there is generally no inventory pressure on the holding companies, and the cotton lint market is stabilized.
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