Cotton-by-product prices have posted major gains this week, with the price of cotton linters leading the rally. By November 6, 2007, the average price for linters soared to 6,359 yuan per ton, an increase of almost 100 percent from the previous year. In Xinjiang, linter prices are even higher, averaging 6,550 yuan per ton. Cottonseed prices have also rallied, posting additional gains of .15 to .20 yuan per kilogram, positioning prices in many locations at 2.3 to 2.5 yuan per kilogram or higher. Cottonseed oil prices have rallied an additional .30 or more yuan per kilogram to 9.5 to 9.6 yuan.
These price gains have continued to provide price support for seed cotton prices.
