Cottonseed Meal Price to Decline with Great Supply

By CnAgri2013-11-25 11:46:13 Print Cottonseed meal：On Nov. 20th, 2013, the average wholesale price of cottonseed meal is RMB2990Yuan/MT, down 2.11% compared with last week. Domestic cottonseed meal is still intensively supplied, but the price has declined RMB600-700/MT since September and processing enterprises suffer from serious loss, which makes enterprises to hold the price or stop production to avoid loss. In view of supply capacity of domestic vegetable protein, however, BOABC estimates that cottonseed meal price shall decline. (Table 8)



From “China Livestock and Feed Market Weekly Report”