Cotton Prices Rose Slightly In Most Parts Of The Cotton Market.
US Department of agriculture data show that global cotton in 2010/2011
yield
The growth rate is larger than the growth rate of consumption, and the gap between supply and demand of cotton has narrowed to 283 thousand tons.
This year, China's cotton production has been greatly reduced. The huge gap between supply and demand can only be relied on imports. The contradiction between supply and demand of cotton is prominent, causing market concerns.
In March 2nd, cotton was used in most areas.
Quotation
The price of cottonseed rose slightly.
In March 2nd, the purchase price of cottonseed rose steadily.
Affected by the high price of cotton at home and abroad, cotton farmers are reluctant to sell their spirits. Cotton enterprises have generally low start-up rates, and cottonseed market is scarce.
However, at present, the demand for cottonseed oil, cottonseed meal and cotton lint is not good, and the oil factory's enthusiasm for entering the market is not high. It is expected that cottonseed prices will not rise sharply in the short term.
Domestic cotton oil market is not prosperous, and the market is stable.
Recently, international crude oil prices have risen sharply, and the prospect of biofuel oil consumption is clear. Investors are actively entering the market to boost the domestic oil market and bring good support to the cotton oil market.
However, at present, the intensity of state regulation and control policies has not been reduced, and buyers in the middle and lower reaches are cautious in the market.
domestic
Cottonseed meal market
Demand is weak and market is stable.
At present, domestic livestock and poultry aquaculture industry is in the traditional off-season, and the demand for cottonseed meal is weak. It is expected that the market will remain stable in the near future.
The domestic cotton lint market is generally traded and the market is stable.
Recently, domestic and foreign cotton prices continued to rise, the international crude oil prices rose sharply, indirectly supporting the cotton lint market.
However, affected by the turmoil in the Middle East, the domestic chemical fiber factory is worried about the export and economic prospects. Its enthusiasm for entering the market is not high, and weak demand continues to suppress the cotton short staple market.
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