Mainland Cotton Seed Purchase Price 1.5-1.65 Yuan / Kg Individual Rise

In June 14th,

Prices are mostly stable and individual rises.

The purchase price of cotton seeds in the mainland rose by 0.02 yuan / Jin in 1.5-1.65 yuan / Jin.

At present, the busy season and the raw materials of cottonseed raw materials are tight. Some oil refineries will also stop production and stop production. A small number of processing factories are mainly consuming inventory.

However, due to the fact that the soybean meal market is surging and the supply of goods is tight, the cottonseed meal market has also followed a sharp rise, adding positive support to the raw material market.

In addition, the vast majority of domestic cotton ginning plants are still in a state of shutdown. There are not many domestic cottonseed sources, and there are still more than three months left from the new cotton market. The cottage seed market is decreasing in the late market, and the price of goods is still strong. Therefore, it is expected that the new cotton will still run high before listing.

14 days

Temporary stagnation is stabilizing.

The price of grade three cotton oil in the real estate area is maintained at 5900-6250 yuan / ton, and the price of cotton oil in Xinjiang producing area is maintained at 5800-6050 yuan per ton / ton, unchanged from 13.

Soybean oil rose slightly, palm oil fell, coastal first class soybean oil 6150-6410 yuan / ton, 20-60 yuan / ton higher than before the festival, 24 degrees palm oil price 5630-5910 yuan / ton, local fluctuation 10-20 yuan / ton, traders keen to buy meal and sell oil arbitrage, so that the futures market continued to eat strong oil weak pattern, and packing stocking season has not yet arrived, buyers wait and see mood remains, the cotton oil market turnover is still light, limiting its rising space, today temporarily stagflation stabilized.

However, at present, the price of raw materials and cottonseed products is high, and it is at the busy stage. At present, the processing enthusiasm of the cottonseed oil plant is not high, and the start-up rate has continued to drop to a low level. The stock of cotton oil has dropped by 75% over the same period last year, and the supply of goods is tight.

However, La Nina weather phenomenon may still threaten the growth of American beans. The US market is still at a high level, and the 7-8 month is the peak season for packing oil. After the terminal demand is started, the market supply will continue to digest. It is expected that the long term cotton oil or the trend of oscillation will rise.

14, domestic cottonseed meal prices continued to rise.

The production price of 46% protein cottonseed meal in the real estate area is priced at 3300-3400 yuan / ton, and the 50% cotton protein cottage is quoted at 3400-3500 yuan per ton / ton. The price of 42% cottonseed meal in Xinjiang area is 2650 yuan / ton, up 50-170 yuan / ton from 13 days.

USDA Lido reports continue to ferment, and the market is worried that if the La Nina climate will lead to dry escalation in the future, the fund will be more enthusiastic and the beans will go up. The domestic soybean meal spot will skyrocket, and the coastal soybean meal price will be 3370-3450 yuan / ton, which will increase 150-250 yuan / ton before the holiday, and boost the cotton pulp market confidence.

In addition,

Tight prices, cotton and oil mills have also been shut down, the boot rate continues to drop to a lower level, the current cottonseed meal inventory is still down more than 70% year-on-year, the supply of goods is tight, the price of oil factory is still strong, and at the same time, the pig breeding market continues to recover, the current pig breeding profits are at a high level, so that farmers raise the barriers to improve the enthusiasm, pig live in the recovery, but also to add good support for the market.

Under the promotion of many favorable factors, it is expected that cottonseed meal will continue to follow the trend of soybean meal in the near future.