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Magway Region in Myanmar reports strong demand from mills for cottonseed from local gins. The Ministry of Industry plans to purchase three million visses of cotton in the 2024-25 financial year, alongside loan and export support measures.
Steady mill demand for cottonseed supports local crushing and cottonseed meal output, but the market is small and regional, so global feed price impact is limited.
gnlm.com.mmMay 27, 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.
