In recent days, the relevant departments of the State Council have jointly issued the notice of resumption of work and production and resumption of traffic in other areas of the country except the severely affected areas. All localities shall allow the production and processing enterprises of daily necessities to return to work, and shall not set up restrictions such as examination and approval, give priority to the arrangement of relevant enterprises' return to work, issue support policies to help enterprises solve problems and ensure smooth transportation of materials and products. Therefore, it is expected that the purchase, processing and transportation of cotton by-products will be gradually restored, and the supply of soybean products will be restored, the supply of products in related fields will be fully restored, and the market price will also fall back rationally.

On February 19, the individual increase of Xinjiang cottonseed was due to the rigid demand of pastures, while the amount of cottonseed circulating in the market was small, which boosted the rise of it. The supply of goods was lack of support for short-term cottonseed, but affected by the epidemic situation, Xinjiang cottonseed was difficult to send to the mainland, and oil plants were temporarily difficult to purchase cottonseed, mainly consuming inventory. In addition, the epidemic hit the catering industry, and the cotton oil fell sharply. Although the price of cottonseed meal was high, the demand outlook was worrying. In addition, due to the inability of oil plants in Xinjiang to resume production, some enterprises sold cottonseed stocks to the outside world, and the cottonseed market may still fall back after the overall resumption of trading.

On February 19, most of the cotton oil prices were closed, and some of the recovered prices were lower than that before the festival. After the festival, the transaction of cotton oil was difficult, and the current price of oil continued to fall. After the recovery of individual cotton oil prices, a substantial drop was made up. However, at present, the startup rate of cotton oil plants is low, and cotton oil is relatively resistant to decline temporarily. Later, with the resumption of cotton seed pressing enterprises, the risk of cotton oil price drop is large, so buyers can wait and see.

On February 19, cottonseed meal prices were stable. It is difficult for oil plants in Xinjiang to return to work. At present, the startup rate of cotton oil plants is low, the output of cottonseed meal is limited, and the replenishment of feed plants in the lower reaches has boosted the market of cottonseed meal, which may still be strong in the short term. However, the price difference between soybean meal and cottonseed meal is in an inverted pattern, which restricts the demand for cottonseed meal. Since the outbreak, the live poultry market has been closed, the transportation of feed, poultry seedlings and live poultry has been blocked, and the slaughtering enterprises have been shut down, resulting in serious losses, The Ministry of agriculture is expected to have an impact on the supply of eggs and poultry meat in the second and third quarters, which is negative for the price of meal and not optimistic about the medium-term trend of cottonseed meal.

On February 19, most domestic cotton linters stopped reporting, and some remained stable. Affected by the epidemic situation, only a few enterprises resumed production. The supply of short fiber in the market is very limited, which supports the short fiber market. However, affected by the epidemic situation, the logistics has not been fully recovered. The downstream market is waiting and there is basically no transaction. It is expected that with the start-up of cottonseed pressing enterprises, the price of cotton short fiber will be adjusted or vibrated.

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