Juye: Cotton Vice Price Fell &Nbsp Overall; Oil Factory Was In Deep Loss.

Recently, due to domestic

At present, the price of local cottonseed seeds is priced at 1.68 yuan / Jin, and the price is down 0.08 yuan / Jin compared with the previous day. Although the price of seed cotton has been falling continuously in recent days, the ginning factory still has no intention to purchase, making the market less cotton seed resources, and the strong psychology of selling flowers and selling oil seeds.

The local three class cotton oil quotes at 9100 yuan / ton, the price fell 100 yuan / ton compared with the previous day. At present, the soybean soybean futures market is empty. The Brazil agricultural advisory body said that Brazil soybean production in 2010/11 is expected to be a record 7200-7250 tons, while the output of Argentina soybean is expected to reach 49 million 200 thousand tons. The soybean yield in South America will form a pressure on the beans, and the short-term external weakness is hard to change. Compared with the palm oil, the present domestic cotton oil has all the disadvantages. The paction is generally difficult. However, because the oil plant has generally suffered serious losses, the space for further decline of the cotton oil has not been very large, and the local cotton oil market will continue to weaken in the short term, but the decline will be limited.

Local 40% protein cottonseed meal quotes at 2200 yuan / ton, the price fell 60 yuan / ton compared with the previous day, the market turnover is still light, feed factory traders take the goods carefully, the oil factory is generally not good. At present, the soybean bean futures market is showing bad profits, the South American soybean production is high and the demand for China is likely to slow down and then form a suppression on the disk. The short term trend is still weakening.

Local short staple price of 9000 yuan / ton, the price fell 200 yuan / ton compared with the previous day, the paction situation is still poor, the price is generally no market, and the number of manufacturers has gradually increased. At present, local manufacturers generally offer less than the cost price of 1000-2000 yuan / ton, but the oil refinery has suffered serious losses, but the market turnover has not changed fundamentally. The chemical fiber factory reduces the cost of production, reduces the use ratio of short staple, and makes more use of cheap alternatives such as wood pulp, so that short staple market demand is obviously suppressed. It is predicted that the local short fiber market will continue to be depressed in the short term.