Cottonseed: As demands on meals is crippled by contagious African swine fever, and stock pressure of soybean meal still exist, cottonseed meal price stops rising and stays stable. But today spot prices of some soybean meals sees an increase of 10-20, when cottonseed is in tight supply under peak demand of aquaculture and climbing consumption in poultry before double holidays, so cottonseed earns a relatively strong market. And 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: A dismal forward soybean supply under trade disputes creates a bullish market for domestic oils, among which cottonseed oil market is also stirring, especially under a low operation rate in cottonseed oil mills and a small cottonseed oil output and its favorable price. But today, oils on DCE go down, with spot price of soybean oils down by 10-20. Due to the existing oversupply pressure of staple oils, blending volume of cottonseed oil is also restricted, thus its price is hard to soar. Cottonseed oil price may go up steadily in fluctuations before trade disputes and small packing oil stockpiling in the run-up to festival comes to an end. 

    Cottonseed: Some cottonseeds see an increase of 0.04 yuan/kg today, since cottonseed supply is scarce in mainland China and cottonseed transported from Xinjiang is also small in volumes, whilst trade disputes have no end in sight. But cottonseed price is hard to surge at present, due to the weak upward trend of cottonseed oil and cottonseed meal, dismal crush profits in oil mills, and lower quality of old cottonseeds than ever, as well as oil owners’ caution against those scattered washy new cottonseeds. Short-term cottonseed price will fluctuate narrowly.