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Cottonseed prices in Xinjiang rose slightly, reaching 2.65-2.68 yuan/kg in several northern places and 2.77-2.80 yuan/kg in Hami and Turpan. Oil mills and short-pile factories are buying more actively, while downstream yarn demand is weak.
Stronger cottonseed buying by crushers supports the cottonseed value chain and tends to firm cottonseed meal prices, though weak yarn demand limits the upside.
sjfzxm.comNov 27, 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.
