Market Continued Weak &Nbsp; Market Pactions Light.
Recently, on the one hand, the state has tightened liquidity by raising the reserve ratio. On the other hand, it has increased the market supply by constantly throwing and storing, strictly controlling speculation, stabilizing the price trend, and putting pressure on the cotton sub market.
However, this year, domestic cotton production is cut down, cotton farmers are reluctant to sell, and the market supply of cotton by-products is scarce, which has weakened the price pressure of cotton by-products. Although most areas are trading light, the market is basically stable.
During the weekend (17-19 December), domestic cottonseed prices were mostly stable, partly slightly down.
This year
cotton
The yield per unit area is generally low, cotton farmers are reluctant to sell, and the market supply is decreasing, forcing cotton enterprises to reduce the start-up rate, and the output of cottonseed is rather limited, which enhances the willingness of cotton enterprises to seed.
However, the demand for cottonseed downstream is not good enough, and the enthusiasm of purchasing oil plants has been reduced, so that the price of cottonseed has stopped rising.
During the weekend, the domestic production of cotton oil was not good and the market was stable.
In recent years, cotton oil products are mainly sold in a small number, and the shipment is slow. The pressure of oil factory's cotton oil stock is generally large, and the pressure of repayment at the end of the year is increasing. In order to return the funds, the oil factory has strong willingness to ship, which restricts the rise of the price of cotton oil.
During the weekend, domestic demand for cottonseed meal was weak and the market remained weak.
At present, there is very little demand for domestic aquaculture, such as soybean meal and other dregs.
product
The market is weak, and feed factories are not active in the market. The market demand for cottonseed meal is shrinking, and the market sentiment is low, and the turnover is light.
During the weekend, domestic cotton
Short pile
The deal was sluggish and the market was weak.
The intensity of state regulation has not been reduced. At the end of the year, the pressure on enterprises to repay loans is relatively large. The start-up rate of cotton and oil plants is generally not high. On the other hand, the middle and lower reaches production enterprises and dealers are not actively motivated to enter the market, most of them have a light turnover and a strong wait-and-see atmosphere.
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