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On November 12, 2026, Mysteel's estimate for Xinjiang cottonseed crushers showed cottonseed oil at 8,200 yuan/t, cottonseed meal at 2,460 yuan/t, and linters at 4,600 yuan/t. With seed cotton costs at 2,630 yuan/t plus a 200 yuan/t processing fee, the theoretical daily crush margin was -32 yuan/t.
A negative crush margin discourages cottonseed crushing, which tightens meal output over time and can support cottonseed meal prices. The effect on feed buyers is modest, since this is a routine daily estimate.
ncp.mysteel.comNov 12, 2026Not 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.
