# Could cotton linter reverse the downtrend?–ChinaTexnet.com

> Cotton linter prices in China have weakened since mid-June, falling nearly 800 yuan/mt with a sharp decline since mid-July. Cottonseed prices have fallen about 700 yuan/mt since early June as oil mills increase shutdowns and suspend cottonseed procurement.

- Date: 2024-08-26 · published 2024-08-26T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/28913-could-cotton-linter-reverse-the-downtrend-chinatexnet-com
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lower soybean meal and soybean oil prices, driven by ample US supply and heavy Chinese port arrivals, have pulled cottonseed products lower, creating an oversupply that is bearish for cottonseed meal and linter values.

## Read by commodity

- CSM: bearish ▼
- SBM: bearish ▼
- SOY: bearish ▼

## Sources

- chinatexnet.com: https://www.chinatexnet.com/textile-news/2024-08-26/997444.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
