Domestic Cotton By-Product Quotation Temporarily Stagflation Middle And Lower Reaches Demand Fade

After a long time negotiation, OPEC and non OPEC oil producers failed to reach a freeze production agreement in Doha. The result will rekindle the worries of the crude oil industry. International oil prices should drop sharply as a result of fears that the major oil producing countries will once again start a market share war.

At this point, the domestic cotton sub price has risen through stages, and the demand for the middle and lower reaches has turned pale, and the market has continued to rise.

However, most of the cotton processing has been shut down in recent years.

The total output of cotton has decreased significantly, and the supply of domestic cotton has become more and more intense in the future.

In April 26th,

Most of them are stable and individual continues to rise slightly.

At present, the market performance of the domestic cotton by-products is strong, and the current part of cotton seed is basically consumed in some cotton oil plants, and the market is still in demand for cotton seed. At present, the purchase of seed cotton has been basically finished, and the high quality seed cotton is also low in price.

At present, most of the cotton mill in China is still in a state of shutdown. The source of domestic cottonseed remains less and less, and there are few imported cottonseeds in China. The price of goods will still be strong, so it is expected that the new cottonseed will continue to run steadily before listing, but it will increase or decrease.

In April 26th, domestic cotton oil prices were stagnant and stable.

Due to the sharp drop in the oil futures market, and the vegetable oil sold in the early stage of the national reserve market gradually entered the market circulation, and this week auctioned 150 thousand tons of rapeseed oil in 2012 to increase market wait-and-see sentiment, buyers were cautious in entering the market, the high price of cotton oil was blocked, and the cotton oil was temporarily temporarily stagnated and stabilized.

In April 26th, domestic cottonseed meal prices temporarily stagnated and stabilized.

At present, the price of raw cottonseed is still high, the oil refinery is still losing money, the start-up rate of cottonseed oil plant is not high, the stock of cottonseed meal is much lower than that of previous years, the supply of goods is not much, and the breeding industry has been resumed, and the price of oil factory has been increasing. It is also expected that the short term cottonseed meal is also difficult to fall or will fluctuate steadily. In view of the gradual increase in the probability of La Nina climate in the second half of the year, it may seriously affect the output of global agricultural products, so the cottonseed meal is still cautiously optimistic in the future.

In April 26th, domestic cotton lint prices temporarily stagnated and stabilized.

The near future

The purchasing power of chemical fiber factory is not high, and the space of cotton lint rise is limited.

However, the spot price of lint has risen sharply in recent years. As a substitute, the sales of chemical fiber market have also improved, and the market has added positive support. In addition, cottonseed prices are still high. The cottonseed oil mill continues to lose money, the operating rate is obviously insufficient, the output of cotton lint is limited, and the price of the oil factory is still strong, so it is expected that the short term cotton lint will continue to run steadily or steadily.