Cottonseed Meal Price to Keep Weak with Supply Increasing

By CnAgri2013-10-21 13:39:15 Print Cottonseed meal：On Oct. 16th, 2013, the average wholesale price of cottonseed meal is RMB3455Yuan/MT, down 0.45% compared with last week. Since October, both sales areas and quantities of cottonseed meal will increase significantly and market supply will rise as well accordingly. But with gloomy demand, market price is declining dramatically, especially in Xinjiang. Therefore, domestic cottonseed meal market is predicted to continue going weak.  (Table 5)



From “China Livestock and Feed Market Weekly Report”