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Chinese cottonseed prices have risen steadily this year on tight supply and high cottonseed oil prices, while cotton linter prices have stabilized but lag due to weak downstream textile demand. Xinjiang cotton has also been pressured by a ban and unsold stocks.
Firm cottonseed prices raise the cost of cottonseed meal and cake used in feed, while weak linter and cotton demand weigh on the fiber side of the crop.
newclothmarketonline.comTexmanJul 1, 2022Not 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.
