Cotton linter price hit historic high in 2010 and has witnessed in-depth adjustment afterwards

Cotton linter price hit historic high in 2010 and has witnessed in-depth adjustment afterwards. Bulk commodities have been increasing amid loose monetary policy and inflation this year. Driven by sharp increase of cotton linter pulp demand in particular, cotton linter has witnessed new round of price hike and hit a decade high. After the National Day holiday in early Oct, commodity market has gradually cooled down with fast price decline under greater pressure of macro economy as well as the influence of world liquidity and spreading pandemic. After the end of Oct, cottonseed and cotton linter prices have dropped after hiking.