# Xinjiang'S Acquisition Is Gradually Cooling Down, Cottonseed Price Three Jump

> 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.

- Date: 2016-11-24 · published 2016-11-24T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/73965-xinjiang-s-acquisition-is-gradually-cooling-down-cottonseed-price-three-jump
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Higher cottonseed prices lift the cost of cottonseed meal, a feed protein, which supports meal prices.

## Read by commodity

- CSM: bullish ▲

## Sources

- sjfzxm.com: https://www.sjfzxm.com/global/en/508303.html

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