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Chinese cottonseed market showed signs of recovery in early January as seed cotton purchases reached about 85%. Fewer than 20 ginning plants in the Yellow River basin are processing seed cotton, limiting output.
Tight local cottonseed supply and rebounding meal sales could firm prices for Chinese feed buyers.
sjfzxm.comJan 11, 2017Not 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.
