The domestic cotton sub-distribution market is mostly stable at the end of the market

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The latest US Department of Agriculture report is neutral, but the market expects long-term high temperature weather in the main US producing areas may affect soybean production and continue to promote the continued rise of US beans. However, the collapse of crude oil caused US soybean oil to fall, bringing uncertainty to the domestic market. Recently, heavy rains in many parts of the South have affected aquaculture and some areas of pig farming. Feed needs are not optimistic, and market procurement in most regions has stagnated. Relatively speaking, the domestic cotton vice-distribution has come to an end, most of the processing plants have been shut down, the cotton sub-supply source is limited, and the market is clearly defensive, and the prices are mostly stable.

On July 14, most domestic cottonseeds were closed, with only a slight partial purchase. At present, the acquisition of cottonseed is also the end, the demand is weak, and the rebound in the price of by-products is also weak. The enthusiasm of oil plants to purchase raw materials and cottonseeds is not high, and production is suspended and production is suspended one after another. Wait and see atmosphere is strong. In addition, with the growing shortage of domestic cottonseeds and the limited number of imported cottonseeds, the overall purchase and sale of the market is clearly light.

On July 14, domestic cotton oil prices remained stable. US soybean oil fell, and the large oils and oils oscillated with the market. It temporarily failed to boost the cotton oil market. Current demand is still weak. Buyers wait and see mood is still there. Cotton oil still has no market price, and it continues to restrict the cotton oil market.

On July 14, the prices of domestic cottonseed meal remained stable. After the recent price increase of soybean meal, the transaction was not satisfactory. Moreover, due to the heavy rainfall in southern China, the aquaculture and some areas of pig breeding were affected. The price of cottonseed meal was still high, and the buyers’ purchasing enthusiasm was still low. rise.

On July 14, domestic cotton linter prices remained stable. At present, the price of cotton linters is already high, and the willingness of high-priced chemical fiber factories to purchase has also declined. For the time being, the willingness to buy is the mainstay, and the market has a stronger wait-and-see atmosphere and the overall demand is slim.


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