# Why cotton linter stabilizes amid a sharp decline in cotton price?–ChinaTexnet.com

> Chinese cotton prices dropped nearly 1,000 yuan/mt in just over ten days as ICE cotton futures fell to a near five-year low below 70 cents/lb. Cottonseed prices in Xinjiang eased to about 3,000-3,050 yuan/mt, while cotton linter prices remained relatively stable.

- Date: 2024-07-01 · published 2024-07-01T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/29386-why-cotton-linter-stabilizes-amid-a-sharp-decline-in-cotton-price-chinatexnet
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Weak cotton prices pull cottonseed values lower, which affects the cost and availability of cottonseed meal used in feed, though linter stability limits the direct impact.

## Read by commodity

- CSM: bearish ▼

## Sources

- chinatexnet.com: https://www.chinatexnet.com/textile-news/2024-07-01/990411.html

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