The price of cottonseed and cottonseed oil is mainly stable in the later period

Introduction: in recent years, the domestic cottonseed market price has remained stable, with no big fluctuation compared with the price before the festival However, since the Spring Festival, the purchase price of domestic cotton has risen to a certain extent, and the NYBOT cotton futures have also risen continuously, but why hasn't the purchase price of domestic cottonseed increased with the rise of cotton price? The specific analysis is as follows: the impact of the long Spring Festival holiday, the lack of start-up of oil plants, the demand for raw materials is not affected by the long Spring Festival holiday, the obvious lack of start-up of oil plants in China, and the current domestic sales of cotton oil and cottonseed meal is not satisfactory, oil plants have no profit space, many oil plants are in a loss state before the festival, so their enthusiasm for start-up is not very high In addition, at present, most domestic oil plants have a certain amount of cottonseed inventory, so it is difficult to purchase large quantities of cottonseed in short term The market demand for cottonseed downstream products is still low, which can not pull the demand market of cottonseed well for a period after the festival The domestic market of cottonseed oil and cottonseed meal continues to be in a low demand before the festival, and the price is relatively stable, but the market demand has not greatly improved The domestic products in the main production areas can not be shipped out because the transportation problem has not been solved substantially The arrival volume of the corresponding sales areas is becoming increasingly tense, and the supply of goods is relatively insufficient However, the demand of the local terminal market is still very low Although the market price of cotton meal in some domestic areas has increased slightly recently, the actual transaction price of domestic cotton meal is not the same because the demand is still very low There is no obvious rise, and many regions even have no market or price Cotton enterprises have not yet run normally, and cotton prices are in the situation of price or no market due to the impact of the long Spring Festival holiday Despite the recent rise of domestic cotton prices by different ranges, most regions in China still maintain a state of price or no market It is reported that due to the cold weather in Hebei, Shandong and other major cotton producing areas in China, and more snow in many areas, the phenomenon of local farmers selling cotton has not increased, and manufacturers in many areas plan to wait until the 15th day of the first month to start construction; another more important reason is that most of the rolling plants consider that the demand of domestic oil plants is not very large in the near future, and cottonseed is relatively difficult to preserve In recent years, most of the domestic ginning plants have been shut down To sum up, the domestic cottonseed product market generally has a relatively small market supply, so it is expected that the demand for domestic cottonseed downstream products will be improved correspondingly in the later period, the price of cottonseed oil will be mainly stabilized, the price of cottonseed meal will remain strong due to the increase of demand and the increase of soybean meal market, and the price of corresponding raw cottonseed will also be boosted to a certain extent However, the supply and demand of domestic cottonseed products in the later period and the impact of related products on it deserve further attention