Overall, cotton consumption resilience in April may weaken compared to March, but it is unlikely to experience a sharp decline given the support of a tight supply-demand balance. In the short term, the local cotton consumption rate of cotton in Xinjiang continues to rise, and high operating rates at

Overall, CBOT soybeans saw short-term support from policy expectations, geopolitical factors, and South American supply constraints, but gains were limited by technical selling, supply glut expectations, and trade uncertainties.

Last week, domestic soybean oil and palm oil futures traded in a range, with market sentiment driven by Middle East tensions and volatile crude oil prices, keeping the vegetable oil sector highly volatile. Spot markets diverged: soybean oil basis strengthened on plant maintenance and expected lower

Entering late March 2026, China's domestic egg market remains mired in a deadlock characterized by the tug-of-war between supply and demand, coupled with a balancing act between costs and consumption.

This week, palm oil futures prices briefly breached the Yuan 10,000 per tonne mark. This strength primarily stemmed from the convergence of the "biodiesel narrative" and "robust export data." Internationally, high crude oil prices have compelled the Indonesian government to seriously consider accele