Cottonseed Prices Continue To Fall Everywhere, Cotton By-Products Market Adjusted To Varying Degrees.

In the first week of the week, the futures shocks were adjusted to rise first and then fall. During the festival, the Dalian market lost its guidance, but the external market shock adjustment was the first to come down, but on Friday it rebounded.

The first grade soybean oil in coastal areas was quoted at 6300-6410 yuan / ton line, 80-100 yuan / ton line down from September 25th, 6100-6500 yuan per ton of palm oil price in port 24, and 50-200 yuan / ton line down.

At present, cottonseed is still high, oil and cotton plant operating rate is not high, cotton oil has the ability to hold prices, but at present, cotton oil and soybean oil have no price difference advantage. In the future, as the supply increases, the probability of market fall will increase.

The start-up rate of oil and cotton plants is relatively low, and downstream cotton byproducts are hard to support. Manufacturers are cautiously buying and reducing the purchase price of cottonseed.

At present, cottonseed prices are still high, and we should pay close attention to the running situation of cotton ginning plants and oil and cotton plants and lint quotations.

In October 7th, the start-up rate of oil and cotton plants in Shandong increased. The price of cotton seed purchased at 1.48-1.50 yuan / Jin line (moisture 12-13%, oil containing 11.5-13%) was reduced by 0.12-0.13 yuan / Jin compared with September 25th. The price of cotton seed in Xinjiang was 1.51 yuan / Jin line, down by 0.12-0.14 yuan / Jin; the quality of cotton seed in Hebei was better than that in cotton seed price: 1.35-1.48 yuan / jin (water 12-16%, oil content 13%), and the reduction of 0.02-0.15 yuan / Jin, the price of cotton seed in Xinjiang was reduced to 0.12 yuan / Jin in the factory price, 0.12 yuan / Jin, and multiple stops; Henan quality cotton seed was 1.48 yuan / Jin, down 0.1 yuan / Jin, and multiple stops.

The quality of the new cottonseed is 1.45-1.48 yuan / Jin, the price is reduced by 0.02-0.05 yuan / Jin, the price is no market, and many stops are collected. The sawtooth new cottonseed price quoted in Jiangxi is 1.35 yuan per Jin (11% of oil, 13% of water), and the price is no market, and there are few pactions. The price in Yuncheng area of Shanxi is 1.22-1.25 yuan / Jin, the price is no market, and many stops are collected; the quality of Shaanxi is very good, the cottonseed price is high to 1.30 yuan / Jin, the reduction is 0.02-0.05 yuan / Jin, and the price is not in the market.

Due to the different processing conditions, the oil and cotton mills adjust their prices according to their own stock, the price is slightly confused, the local price is raised by 80 yuan / ton, the high price is reduced by 150 yuan / ton line, the price of cotton oil in Hebei area is reduced by 50-100 yuan / ton, the goods are less than the holding price, and the retail price is mainly; the price of cotton washing oil in Henan is as high as 6500 yuan / ton, the price is retail, the retail price is 6000 yuan / ton, and the retail price of many places has no market price; the retail price of Jiangxi province is 6100 yuan / ton, up to 50 yuan / ton, and the price has no market; Shanxi price is 5750-5800 yuan / ton, the price has no market; Shaanxi province offers the price to 6050-6100 yuan / ton, retail is the main, the price is no market. In October 7th, the new cotton oil price in Shandong province was quoted at 6100-6200 yuan / ton line.

Because of the difficulties in exporting cotton oil, the factory price was 5600-5700 yuan / ton, down 80-100 yuan / ton.

A week before the holiday, the futures soybean meal was adjusted at a low level, and the adjustment range was not large during the festival.

Coastal area 43% protein soybean meal price to 3200-3300 yuan / ton line, compared with September 25th fell 50-100 yuan / ton line, the negative cotton meal market.

At present, the price of high protein cottonseed meal and soybean meal is basically flat, and there is no cost performance advantage, and the demand is cold during the national day.

In the future, with the improvement of the operating rate of the oil and cotton plant, the supply of cottonseed meal, which accounts for about 50% of cottonseed output, will continue to increase. The pressure drop of cottonseed meal is obvious, restricting the development of its market.

The future trend of cotton meal decline is hard to stop. The decline is closely related to the price of soybean meal and the increase in supply of oil and cotton plants.

100 yuan / ton, 46% yuan of new protein in Hebei Province, the price of new meal is 3150 yuan / ton, a decrease of 100-130 yuan / ton, and a reduction of 100-130 yuan / ton, with a turnover of less than 50% yuan. The price of 50% phenol free and low-temperature protein cottonseed meal is priced at 3300 yuan / ton, and the price of goods is less than that of grain. The price of protein and cotton seed meal in Henan province is RMB yuan / ton, which has no market price and retail price. The price of protein in Hubei province is RMB yuan / ton, the highest level is RMB yuan / ton, retail is the main, and there are few pactions. Shaanxi's low temperature dephenolics protein cottonseed meal price is RMB yuan / ton, and the price is not in the market. In October 7th, Shandong 46% protein new cottonseed meal quoted 3080-3200 yuan / ton, down 60-180 yuan / ton, 50% high temperature protein cottonseed meal quoted price 3200 yuan / ton line, down

Xinjiang region 42% protein cottonseed meal quoted at 2400-2500 yuan / ton, down 140-200 yuan / ton, there is no market price.

A week before the holiday, cotton lint was stagnant and stabilized, and the market was stable during the festival.

Although the high position is falling, the start-up rate of the oil and cotton plant is still limited. The supply of new flannel is lower than that of the same period in the past year. Cotton seed purchasing is still the main product in Xinjiang, and the quality of its cotton lint is higher than that of the same period in previous years.

However, the purchase of chemical fiber factories and refined cotton mills is still more cautious, and the impact of imported cotton lint is very difficult.

In the future, with the improvement of the operating rate of the oil and cotton plant, the staple market of cotton lint is very fierce. We still need to pay close attention to the price of cottonseed and the start-up rate of the cotton and cotton plant.

Some food grade cotton lint price is high to 6000-6200 yuan / ton, flat price, no price; the new price in Henan province is 5300-5500 yuan / ton, there are few pactions; the quality of Shanxi new quality is better than 5500-5600 yuan / ton, and the price is flat, and there is no market price; Hubei food price quotation is 5400-5600 yuan / ton, flat, and there are few pactions; Shaanxi food grade high price to 5500-5600 yuan / ton, flat price, no market; Jiangxi price is reported to 5500-5600 yuan / ton, partial reduction of 100 yuan / ton, the price has no market, and there are few pactions; Xinjiang quality better cotton short pile price is 5400 yuan / ton, local high level is 100 yuan / ton, low position is RMB yuan / ton, a small number of pactions. In October 7th, the quality of new short staple in Shandong province was good at the price of 5200-5500 yuan / ton, while the quality of Hebei cotton short staple was 5700-6000 yuan / ton, and the price was 5150 yuan / ton.