# External Pressure On Cotton Deputy Is Still Large, Price Trend Is Hard To Say Optimistic - Industry News - News - ​Hangzhou Jeci Biochem Technology Co .,Ltd.

> Cotton by-product prices in China are expected to face difficulty rising in the near term, with pressure from strained Sino-US trade and the pandemic's hit to agricultural consumption. Rising imported soybean arrivals have eased domestic oilseed supply and weighed on cotton by-products. Xinjiang cottonseed prices are mostly stable with slight local gains, while cotton oil fell alongside US soybean prices.

- Date: 2020-05-08 · published 2020-05-08T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/53237-external-pressure-on-cotton-deputy-is-still-large-price-trend-is-hard-to-say
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Cottonseed meal and oil compete with soybean meal and oil in feed and oils markets, so softer soy prices and ample imports cap cotton by-product values for buyers. Buyers are advised to be cautious entering the market.

## Read by commodity

- CSM: bearish ▼
- SBM: bearish ▼
- SBO: bearish ▼

## Sources

- jecibiochem.com: https://www.jecibiochem.com/news/external-pressure-on-cotton-deputy-is-still-la-33722514.html

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