Cotton Staple Market Turnover Sluggish Market Mostly Stagflation

It is understood that at present, domestic by-products are still weak, oil refinery squeezing loss situation is still difficult to change, cottonseed oil refineries purchase raw materials at high price will not be high.

Domestic cotton lint prices temporarily stagflated and stabilized. At present, most of the market is mainly wait-and-see.

Due to the March supply and demand report approaching, the market expects that the US report will raise the end of the US and global soybean stocks, and the South American soybean market will soon be on the market, leading to a full pullback of oil and oil prices on the outside.

At home, new rapeseed will be on the market, and the substitution of cheap rapeseed oil and rapeseed meal will continue to emerge.

At this time, the oil market is in the off-season demand, domestic breeding is also developing slowly, feed consumption is in the low season, and the total amount of soybeans to Hong Kong in 4-6 months or up to 22 million 500 thousand tons, the cost is relatively low, buyers cautious about the spot chase, resulting in domestic cotton sub trading sluggish, the market is much higher.

In March 9th, the domestic cotton seed purchase price remained stable.

At present, the rise of domestic by-products is still weak, the oil plant crushing loss situation is still difficult to change, the cotton seed oil plant high price purchase raw materials will be not high, some manufacturers continue to consume stock, continue to restrain the cottonseed market.

At present, the acquisition of seed cotton is basically over. Most cotton mills are in a state of shutdown, and cottonseed imports are few. Later cottonseed is also less and less, and cotton factories and businesses are still strong in price. Therefore, it is expected that the short term is expected.

Or will remain stable and strong.

In March 9th,

Stagflation stabilizes.

Foreign market prices fell, the domestic large oil and plate fell, increasing buyers' wait-and-see mood, cotton oil trading is limited, the price stagflation on that day stabilized.

However, due to the limited supply and high cost support, the oil factory still has a pretty good price mentality, and it is hard to fall.

In March 9th,

Multidimensional stability.

Affected by the decline of the external market, the domestic soybean meal continued to be weak, the price difference between cottonseed meal and soybean meal is difficult to change, and the aquaculture industry is in a seasonally low season. Buyers are cautious in the market and still restrain their market. However, due to the limited supply of goods and high cost support, the oil factory still has a very high price mentality. It is expected that the short term cottonseed meal market is still going to fall, but with the further enlargement of the soybean market pressure, the price of soybean meal may be further low, and the aftermarket of the soybean meal is still not optimistic.

In March 9th, domestic cotton lint prices temporarily stagnated and stabilized.

Due to environmental problems, the operation rate of some chemical fiber factories and refinery factories has also been affected, and the amount of cotton lint has also been significantly weakened. At present, most of the market is mainly wait-and-see.