What Will Happen If Cotton Seeds Are In Short Supply?
Since December, the mainland
Unginned cotton
The quality goes down.
lint
Sales are not smooth, and the number of stopping and shutting down factories is increasing.
At the same time, the domestic cotton seed sale went into the late stage, and the overall speed slowed down, which was more prominent within the country. According to the national cotton market monitoring system data, as of December 18th, the seed cotton sale rate in the mainland was 64.8%, slower than the normal level in previous years, plus the mainland this year.
cotton
The output of cotton seed decreased sharply, and the supply of cottonseed market was slightly insufficient. Most of them were mainly consumed inventory, and the manufacturers were reluctant to sell.
According to statistics, in December 29th, the price of seed cotton in the mainland was quoted at 1.09 yuan / Jin, up 0.02 yuan / Jin compared with the beginning of the month.
According to the analysis, the cotton output in the mainland has dropped significantly this year, and the output of cottonseed has dropped accordingly, which will bring support to the market, and the price will remain stable and the pattern of growth will remain unchanged. However, the prices of downstream products are uneven, the prices of cottonseed oil and cotton lint are relatively strong, and cottonseed meal prices remain low, and the price increase of later cottonseeds depends on the downstream market.
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