Nov. 3 -11 7 a week in Shandong Province continued to decline in cotton prices

According to the Agricultural Information Center, Shandong Province, on November 3 -11 on the province’s 7-week cotton prices continue to decline. Texas three-seed cotton price 2.3-2.5 yuan / jin, lint prices fell to 9700 yuan / ton or so; Binzhou City 3 seed cotton price for 2.1-2.3 yuan / jin, last fall 0.3 yuan / jin around. And by the impact of higher soybean and products, cotton by-products around the demand pick up, prices rose, oil plant acquisition has been positive boost, up less than cottonseed, Shandong around 0.90 yuan breakthrough in the basic / jin, the market gradually warmer.