Seed cotton is harvested slowly this year

Seed cotton is harvested slowly this year and cottonseed supply has been short, so the price is 1,000yuan/mt higher than the same period of past years. Now cottonseed in Xinjiang is mainly at 3,250-3,400yuan/mt and 3,700yuan/mt outside Xinjiang. Due to high freight cost of 800-900yuan/mt from Xinjiang to other provinces, Xinjiang-origin cotton is sold higher around 4,100yuan/mt in Chinese inland.