Xinjiang’s cotton harvest was nearing completion, with most northern areas finished and southern areas expected to wrap up around November 15. The national average seed-cotton purchase price fell 0.27 yuan/kg week over week to 7.05 yuan/kg as late-season quality and lint prices declined; ginning and inspection activity continued to advance quickly.
Lower seed-cotton prices and faster processing reflect seasonal supply moving through the ginning chain, while high procurement costs and delayed sales are tightening processors’ working capital. The report does not indicate a direct price effect for a listed feed commodity.
Not 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.