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Seed cotton purchasing in Xinjiang is cooling, with most Aksu cotton enterprises closed by November 22. Cottonseed prices rose to 7.10-7.20 yuan/kg in Aksu, and lint cost rose as seed cotton quality declined.
Higher cottonseed prices lift the cost of cottonseed meal, a feed protein, which supports meal prices.
sjfzxm.comNov 24, 2016Not 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.
