Loading…
Cottonseed supply in China has increased with heavier harvesting and processing of seed cotton, especially machine-picked cotton in Xinjiang. Cottonseed prices fell again after the National Day holiday to around 2,000-2,050 yuan/mt, a low for the same period in five years.
Cheaper cottonseed weighs on cottonseed meal and oil values in China, a supply-side pressure for cottonseed-based feed ingredients.
chinatexnet.comNov 6, 2024Not 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.
