Cotton Vice Prices Continue To Rise.

As international agencies predict that soybean production in Brazil and Argentina, the main producers of South America will be further reduced, the market continues to worry about the harvest of soybean in South America, and the export of us beans is supported.

In the long and medium term, La Nina is likely to happen in 7-9 months, which is at the critical stage of soybean growth in the United States, and the weather speculation may become more violent.

Driven by the sharp rise in the external market, domestic oil and oil prices are also rebounded with the market. At present, there is little stock in the secondary market of cotton. The supply of goods is tight, and the holding companies are willing to have a strong price.

May 7th, China

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 price of cotton lint in the early stage has risen sharply. The purchasing intention of the high price purchase of the chemical fiber plant is not high.

In May 7th, the domestic cotton seed purchase price continued to rise steadily.

At present, the basic cotton seed cottonseed also has the end of the cotton seed consumption, and the market is still in demand for cotton seed. At present, the domestic seed cotton purchase is still in the stage of no connection, most of the domestic ginning plants are still in a stop state, the domestic cottonseed supplies are not much, and the domestic cotton seeds are not imported in 1-3 months in 2016, the late market supply is less and less, the price of the merchant is still stronger, so it is expected that the new cottonseed will remain steady before the market is listed, but the buyers are cautious, the overall turnover is not much, or limit its increase.

In May 7th, domestic cottonseed oil

Maintain stability.

At present, raw cottonseed products are less expensive and the overall operating rate of the cottonseed oil plant is low. According to the survey, the stock of cotton oil has dropped by more than 80% over the past years, and the supply of goods is tight. Later, cottonseed oil will be converted into cotton production areas and people will eat directly, and the market will be sold to small batch retail. The market will be relatively optimistic about the market outlook, and the price of the oil plant is still strong. Therefore, the price of cotton oil before the new cotton market is expected to continue to rise.

In May 7th, domestic cottonseed meal prices continued to rise steadily.

at present

Prices remain high, the oil refinery is still squeezing, and the start-up rate is relatively low. At present, the stock of cottonseed meal in some oil factories in China has dropped by 70% over the past year, and there is not much supply, and the breeding industry has been resumed. The price of the oil plant is still strong, and it is expected that the short term cottonseed meal will steadily increase, but the price difference between cottonseed meal and soybean meal is small or will limit its increase.

In the medium and long term, the weather will be more frequent during the growth period of the soybean bean, and the overall atmosphere of the soybean meal market has improved. If the La Nina weather occurs in the second half of the year, the space above the meal price will be broadened.

Therefore, cotton pulp market can also be cautiously optimistic.