# Cotton Market Trend Unknown Manufacturers Stop More Risk Aversion

> Chinese cotton seed trading was volatile in the week of September 23 to 29, with processing plants halting purchases to limit risk. New cottonseed purchase prices fell 0.03 to 0.06 yuan per jin in Hebei and were around 1.22 yuan in Henan.

- Date: 2019-10-08 · published 2019-10-08T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/56691-cotton-market-trend-unknown-manufacturers-stop-more-risk-aversion
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Lower cottonseed prices and reduced plant buying reduce the cost of a domestic protein meal ingredient, with the downstream cotton byproduct demand setting the trend.

## Read by commodity

- CSM: bearish ▼

## Sources

- sjfzxm.com: http://www.sjfzxm.com/global/en/551560.html

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