Cottonseed Meal Price Suppoeted by Extremely Tight Supply

By CnAgri2013-08-12 11:21:06 Print Cottonseed meal：On Aug 7th, 2013, the average wholesale price of cottonseed meal is RMB3518Yuan/MT, the same with last week. Domestic seed cotton is now in the late growth stage and it is less than 2 months before list. Cottonseed meal supply is now most tight, which supports price to run stably high. Whether cottonseed meal price declines or not depends on soymeal market and once soymeal price sees clear decline, cottonseed meal price will also be pressed to go down. (Table 4)



From “China Livestock and Feed Market Weekly Report”