New Cotton Listed Slowly Cotton Steady And Steady

This year cotton has returned to the market, and the supply side is very loose. At present, the market price of cotton has dropped to below 14000 yuan / ton, and few people have asked about it. Cotton mills in various parts of the country are operating very hard. Most manufacturers are still on the waiting list, and the acquisition and processing capacity of cotton is limited.

In addition, the cotton production area is decreasing this year, and the total output is expected to decrease. At present, the market purchase price is far lower than the cotton farmers' psychological price, which results in cotton farmers unwilling to sell at low prices. The wait and see mood is still on the shelf. The progress of new cotton listing is still slow, which directly affects the processing and speed of cotton by-products and slows down the pressure of market decline.

However, the demand for the middle and lower reaches is still weak, and the cotton trade is not booming, and the market is still stable.

In October 8th, the number of new cottonseed acquisitions in China was still small, and the local market fluctuated.

At present, the demand for cottonseed downstream products is weak, prices continue to decline, the squeezing losses are hard to change, the oil factory's enthusiasm for raw material procurement is not high, wait-and-see sentiment remains, and the purchasing price is kept down, so that cottonseeds in some areas are smaller than before.

But at present, the subsidy policy in the mainland is still not clear. Cotton farmers are reluctant to sell. Cotton mills do not buy enough power. They have not resumed their operation for a long time. It is still necessary for a large number of new cottonseeds to go on sale.

In October 8th, domestic cotton oil prices dropped.

With the new cottonseed listed on the market, the start-up rate of the oil plant will gradually increase, and the stock of cotton oil will increase gradually.

During the period, buyers were mostly wait-and-see. The market was extremely cautious, and the demand for terminal was sluggish, resulting in a drop in cotton oil pressure.

October 8th, China

Prices continue to decline.

At present, domestic demand for livestock and poultry is not large, and after the holiday, as the weather becomes cooler, the demand for aquaculture is less and less. The demand for feed end demand is not strong, and the procurement of meal is not high. With the new cotton seed going on the market, the oil plant will also resume its start-up and cotton pulp storage or increase, so that buyers will be cautious in the market and wait for the new meal to be listed, so that the price of cottonseed meal will continue to decline.

October 8th, China

Prices are mostly stable and local slightly down.

At present, the price of refined cotton is weakening, and the operation of refined cotton enterprises has gone from bad to worse, the factory opening rate is not high, and the enthusiasm for purchasing raw cotton lint has gradually declined. In addition, as the new cottonseed has been listed on the market after the national day, the oil plant has resumed its starting up, and the quantity of short term goods will gradually increase, making the buyers wait and see with strong emotions and extremely cautious purchase.

And because of cost support, or limit its decline.