One week review of domestic cottonseed Market

Introduction: this week (3.28 – 4.1), the domestic wheat market is generally stable, with slight fluctuations in some regions According to the statistics, the domestic cottonseed market this week is as follows: this week, the price of cottonseed in Hebei Province remains high, the weekly price is about 0.65-0.67 yuan / Jin, the oil content is below 16%, and the water content is within 12% At present, the quality of local cottonseed has declined, the daily purchase volume has gradually decreased, and the purchase of oil plants is more cautious This week, the price of cottonseed in Shandong has remained stable, and the listing price of weekly cottonseed in oil plants has remained at about 0.65-0.66 yuan / jin at the end of last week Due to the favorable market of local oil meal and the coming of cotton oil purchasing band, some oil plants are negotiating the purchase price of raw materials, and the market supply is not large and relatively supports the market price of cottonseed This week, the purchase price of cottonseed manufacturers in Shanxi remained stable, and the weekly to factory price of imported cottonseed raw materials remained at about 0.64-0.65 yuan / Jin last week At present, the local cottonseed supply has been very tight, and the local oil factories have sent salesmen to the surrounding areas to purchase It is reported that at present, the price of cottonseed raw materials from Nanyang, Henan, Xiangfan, Hubei and other regions to the factory is about 0.65 yuan / Jin, but the oil content is only about 11%, which virtually increases the squeezing cost of the oil factory; this week, the price of cottonseed in Jiangsu remained firm, the weekly price is 0.61-0.62 yuan / Jin, and the oil content is more than 14%, which is the same as last week This week, the price of cottonseed in Anhui Province fell steadily, with the weekly price around 0.60 yuan / Jin, down 0.01-0.02 yuan / Jin from 0.61-0.62 yuan / Jin last week At present, the local cottonseed supply is increasingly tight, and the price continues to fall difficultly This week, the price of cottonseed in Hubei remained stable, among which the weekly price of cottonseed purchase in Jingzhou was 0.63-0.64 yuan / Jin, and the oil content was 14% - 15% At present, in order to maintain the normal operation of local oil plants, there are still a small number of acquisitions; this week, the purchase price of cotton seed manufacturers in Hunan Province is slightly higher, the weekly price is 0.62-0.64 yuan / Jin, and the oil content is 14%, slightly higher than last week According to the current price of oil meal, the oil plants can only maintain the cost, the processing enthusiasm is not high, and the purchase of raw materials is not large; This week, Xinjiang oil plant is more optimistic about the cotton oil market in the later stage In addition, the cotton seed purchase is coming to an end, and the purchase enthusiasm is high Therefore, the purchase price in the local market in the recent stage has risen to 0.55-0.56 yuan / Jin under the preliminary speculation, and the oil content is much lower than before This week's brief comment: this week, domestic cottonseed prices remained basically stable, with little fluctuation The domestic cottonseed market acquisition is decreasing day by day At present, the rapid regional procurement is also returning in succession The domestic cottonseed acquisition tends to be off-season as a whole, and some regions are gradually entering the stage of converting and processing rapeseed However, some single cottonseed processing enterprises are still expanding their inventory Due to the inaccurate judgment of the later market, the acquisition is more cautious Aftermarket analysis: with the coming of new rapeseed market time, the atmosphere at the end of cottonseed acquisition market is more intense At present, the available supply of various markets continues to decline, while the market demand name is quite different Some cotton and oil markets are about to usher in a wave of small purchase peak again, and the purchase of raw materials market is more active Due to the difficulty in product sales and the limitation of capital storage capacity, the situation of purchase and purchase is difficult to change in some regions, and the current market price is basically stable However, a gradual supply shortage in the market will provide strong support for the market price of cottonseed, but there is limited space for the price to rise relative to the market price in the short term.