The price of cotton linter was pushed up by the cost

Cottonseed was in an uptrend in the first quarter of 2022. In Jan, cottonseed generally gained ground by 100-200yuan/mt when cotton processing slowed down significantly after seed cotton procurement ended. The output of cottonseed was reduced, while cottonseed oil plants had to build up stocks for the Chinese Lunar New Year, so the price of cottonseed was generally picked up with optimistic outlook. However, cotton linter pulp mills and refined cotton plants did not rush to hoard up stocks with the coming holiday and trades of cotton linter market kept modest. However, the price of cotton linter was pushed up by the cost