Loading…
Spring cotton sowing in Xinjiang is largely finished, with seedlings emerging after recent rain, hail and wind that threatened emergence. Spot trading is quiet, with hand-picked cotton quoted at 11,800-12,000 yuan per ton and few downstream buyers active.
Cotton seed and meal prices in China are influenced by planting conditions and spot demand; a quiet spot market and weather stress on seedlings add little pressure to feed-ingredient prices. The impact on US feed markets is minimal.
sjfzxm.comApr 28, 2020Not 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.
