# Cotton Vice Market: External Pressure Is Still Big Trend Is Hard To Say Optimistic.

> Chinese cotton by-product prices are expected to remain unfavorable in the near future, as Sino-US trade relations face risk and the epidemic weighs on agricultural consumption. Increased imported soybean volumes have eased domestic oilseed supply and hurt cotton by-products. Cottonseed prices are mostly stable with slight local increases, while cotton oil declined following soybean price drops.

- Date: 2020-05-08 · published 2020-05-08T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/53238-cotton-vice-market-external-pressure-is-still-big-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 substitute for soy products in feed and oil uses, so cheap imported soybeans keep cotton by-product prices under pressure. This points to soft cottonseed meal and oil values for feed buyers.

## Read by commodity

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

## Sources

- sjfzxm.com: http://www.sjfzxm.com/global/en/568782.html

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