Cottonseed meal: Today some cottonseed meals with lower prices increase by 50, for its supply cannot match with peak demand of aquaculture and climbing consumption in poultry before double holidays. But US soybean price stopped rising and even fell down last night. Today, meals on DCE also pare gains, with soybean meal to fall by 10-20, but the uptrend space of cottonseed meal is constrained by its own flat demand. On the whole, due to tight fourth-quarter soybean supply by the trade disputes, the market is predicted to remain its small upward step despite some fluctuations before new cottonseed meal enters into market.

    Cottonseed oil: Under the oversupply pressure of staple oil, cottonseed oil, as a blending oil, is limited in consumption, thus hard to surge in price. But its market is propped up today by the increasing soybean spot goods price (up 10-20), its own small output under low operation rate, and its competitive price. Overall, cottonseed oil price may go up steadily despite some fluctuations before trade disputes and small packing oil stockpiling in the run-up to festival come to an end. Buyers can make some replenishment on the dips.

    Cottonseed: Some cottonseeds see an increase of 0.01 yuan/kg today, since cottonseed supply is scarce in mainland China and cottonseed volumes transported from Xinjiang is also small, whilst trade disputes have no end in sight.But cottonseed price is hard to surge at present, due to weak upward trend of cottonseed oil and cottonseed meal, dismal crush profits in oil mills, and lower quality of old cottonseeds than ever (some have fallen by 0.02 yuan/kg), as well as oil owners’ caution against those scattered washy new cottonseeds. Short-term cottonseed price will fluctuate narrowly.