Cotton deputy market: prices prices strong upside - limited
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Recent mainland - outage rate is higher, cotton by-product output dropped sharply, market sale quantity is limited, the willingness to hold the goods manufacturer's price is stronger, local prices are still rising.
Global soybean supplies, however, huge, South American soybean concentrated listed preempt the beautiful bean market share, export competition is intense, and African swine fever disease in China make feed demand uncertainty, also on price.
Because the South American soybean crushing profitable and is expected to domestic large-scale restoring boot - will still be a week, a large number of soybean meal, soybean oil, and other products will continue to hit the market, limiting by-product cotton price rise space.
April 25, domestic cotton seed prices stable.
The cotton seed source quantity is little, supply tight, cotton ginning mill prices strong mentality, all support the cotton seed market, but because of poor environmental protection check and squeeze, parking, most enterprises in shandong - utilization is low, manufacturers purchase cautious attitude, limit the upside, long-short interwoven factors, short-term cotton seed prices fluctuate or arrange, buyer can buy English along with.
April 25, domestic cotton oil price stability.
In the environmental protection check and squeeze the poor background, low - starts, production is limited, and the domestic soybean oil prices rebounded, support cotton oil market, but cotton oil blending amount is limited, a drag on cotton oil market, limiting its upside, short-term cotton oil or tight range in stability, buyer can buy English along with.
April 25, most of domestic cotton pulp prices stable, local rise.
In the environmental protection check and squeeze the poor background, the open probability is low, boost cotton pulp, but swine fever badly affected cotton pulp demand, and soybean meal and cotton pulp price difference is too small, soybean meal feed mills use to replace cotton pulp, which limit their rise space, short-term fluctuations in the cotton pulp or finishing.
The buyer can buy English along with.
April 25, stability of the domestic price of cotton linter.
In the environmental protection check and squeeze the poor background, the cotton - open probability is low, cotton - open probability is low, the output of short-staple co. , LTD. , a strong appetite - a price, support linter, but affected by the environmental protection check, downstream factory operating rate is low, and the linter import prices low, manufacturers purchasing high-priced linter cautious, the market trading co. , LTD, on domestic prices of short-staple, expected short-term or temporary stability.