Chinese cotton prices have risen, with cotton 3128 breaking above 15,000 yuan/mt on sharply lower imports and tighter supply. Cottonseed prices have fallen to around 2,600 yuan/mt in Xinjiang as the new harvest approaches, while cotton linter prices have stalled after a steep earlier decline.
Cottonseed meal is a feed ingredient, so weaker cottonseed prices and a stalled linter market point to softer by-product values even as raw cotton firms. Buyers should expect the divergence to persist until the new crop arrives.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.