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Chinese cotton lint markets are described as firm ahead of the Spring Festival, with pre-holiday restocking lifting prices, though recent lint shipments have stalled as many textile mills have closed. Seed cotton and cottonseed factory prices in Shandong, Hebei and Henan are quoted at mixed levels, with cottonseed around 0.99-1.05 yuan per jin.
Stalled textile demand limits cotton lint gains, and cottonseed pricing feeds into the cottonseed meal supply available to feed buyers, so the effect on feed markets is modest.
design.sjfzxm.comJan 31, 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.
