Cottonseed meal: Last night US soybean price fluctuated at a narrow range. Today meals on DCE also narrowly fluctuated, followed by soybean meal spot goods to fluctuate by 10-20 in a stable state. Cottonseed meal prices partly go up by 20-50 today due to its limited supply over peak demand season of aquaculture and climbing consumption in poultry before double festivals. But cottonseed meal price will not have an impressive upward ability as its demand is blocked by stock pressure of soybean meal. The market is predicted to remain its slow upward state despite some fluctuations before new cottonseed meal enters into market.

    Cottonseed oil: US soybean increased last night. Today, oils on DCE go on to climb up, followed by soybean oil spots and some cottonseed oil spots of limited production and low price to increase by 10-30 and 20 respectively. But under the pressure of relatively high staple oil supply, cottonseed oil is limited in consumption as a blending oil, thus hard to surge in price. Besides, cottonseed oil price may go up steadily despite some fluctuations before small packing oil stockpiling in the run-up to festival comes to an end. Buyers can make some replenishment at lows.

    Cottonseed: Cottonseed price stays stable today, since cottonseed is scarce in supply in mainland China and cottonseed volumes from Xinjiang is small under unsatisfactory transportation, whilst trade disputes have no end in sight. But cottonseed price is hard to surge at present, due to the absence of basis in the upward trend of cottonseed oil and cottonseed meal, low operating rate under limited demands and dismal crush profits in oil mills, and lower quality of old cottonseed, despite that scattered washy new cottonseeds have entered into market. Short-term cottonseed price may be mainly in a narrow fluctuation state.