Cotton Vice Market Is Expected To Pick Up &Nbsp; The Rise In External Market Support.

The Fed released its June meeting minutes showing the market for the United States. Economics Concerns about the future continue to increase and more relaxed. currency The policy will be phased out. The first two trading days of international crude oil futures continued to decline, attracting investors to return to the market, pushing their prices up and down, driving the bulk. commodity Prices have risen across the board. The weather forecast shows that the dry and rainy weather in the Midwest of the United States will be very unfavorable for soybean growth. The soybean market is still oscillating upward. Quotation In External price Rise To support the domestic cotton byproduct Market, it is expected that the market will gradually warm up in the near future.

In July 13th, domestic cottonseed purchase prices were mostly stable, partly slightly down. US cotton prices hit a new low of 9 months, which was bad for the domestic cottonseed market, and some cotton mills started selling for working capital, resulting in a drop in cotton seed prices.

Domestic cotton oil prices are rising steadily. Affected by the rise in international crude oil prices, domestic oil prices have risen, coupled with the rise in the price of some small packaged edible oil in the south, and the increased confidence in the oil factory, and continue to raise the sale price of cottonseed oil.

Domestic cottonseed meal quotas remained stable. At present, domestic pig prices are high, farmers' profits are huge, the enthusiasm for hurdling is high, feed demand is increasing, oil refineries are optimistic about the market situation of cottonseed meal, and sales mentality is good.

Domestic cotton lint is still falling steadily. Domestic and foreign cotton prices have plummeted to bring pressure on the domestic cotton lint market. The purchasing enthusiasm of the chemical fiber factory and refined cotton plant is not high, and weak demand continues to suppress the cotton lint market.