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China's new-crop cotton ginning started later than usual in 2019, with fewer buyers and modest daily purchase volumes. Opening seed cotton prices are the lowest in recent years, while cottonseed prices have risen at high levels.
Higher cottonseed prices with a late, thin ginning season support cottonseed meal costs for feed buyers in China.
design.sjfzxm.comSep 6, 2019Not 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.
