Policy Regulation, Domestic Oil And Oil Prices Fell

　　 Recently, China's policy regulation and control has been increasing. The supply of domestic agricultural products has increased significantly, and it has also affected the trend of external markets. US cotton fell for two consecutive days, bringing heavy pressure to domestic cotton market and oils and fats. This week, our country will sell a certain amount of reserves of soybeans and plant oil storage to increase market supply. It is now decided that the 100 thousand tons of vegetable oil will be auctioned and auctioned in November 26th. policy Under the pressure of regulation and control, the prices of domestic oils and fats have dropped, and they continue to exert pressure on cotton byproducts. Most of the products are still in the state of callback.

In November 23rd, domestic cotton seed purchase price fell further. In recent years, domestic cotton prices have continued to fall, which has severely damaged market confidence, and the prices of downstream products such as cottonseed oil and cottonseed meal, cotton lint and so on have dropped significantly. The cottonseed squeezing in oil refineries has been plunged into losses, the enthusiasm for entering the market has been severely frustrated, and the phenomenon of stop collection has been increasing.

In November 23rd, domestic cotton oil prices remained stable. Affected by the national dumping and storage, the price of soybean oil and palm oil fell in the same day, which brought bad pressure to the cotton oil market, and the price of cotton oil was high. The demand was greatly affected. The buyers in the middle and lower reaches of the market were mostly on the sidelines.

In November 23rd, domestic cotton meal market performance was low. At present, the overall adjustment of cotton prices and oil prices at home and abroad has brought great pressure to the cotton meal market, as a whole. Quotation Low. However, due to a large number of national selling of edible oil, while the external soybean is relatively strong, giving strong support to the domestic meal market, it is expected that the domestic cotton pulp prices will not drop much in the late period.

In November 23rd, domestic cotton lint prices temporarily stabilized. Recently, the continuous decline of cotton prices at home and abroad has made cotton processing enterprises feel pressure. The phenomenon of stopping production and reducing production is common. Cotton seed processing progress is affected, cotton short pile output is significantly reduced, cotton short pile. market Pressure has eased. Although the purchase of cotton lint is relatively light in all parts of the country, cotton staple market has remained stable for a short period of time when supply is reduced.