Chinese cottonseed prices have fallen since late October, and the article expects further declines as cottonseed crushers face narrow or negative processing margins and reduce purchasing. Weaker soybean oil and soybean meal prices have eroded cotton oil and cotton meal’s price competitiveness, diverting demand toward alternatives.
Reduced crusher demand for cottonseed and weaker demand for cotton meal increase downside pressure on cottonseed and cotton meal prices. The article expects northern Xinjiang cottonseed prices to trade around 2,550–2,600 yuan per tonne in the second half of November.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.