Home / Knowledge / News / Textiles / Brazil's cotton business slows down in March 2016
Brazil's cotton business slows down in March 2016
07
Apr '16
The monthly average of March 2016 of the CEPEA or ESALQ Index for cotton type 41-4 was 4.96 per cent lower at 2.4497 BRL ($0.662) per pound than the average of February, 2016. For exports contracts, according to Cepea collaborators, weak international demand and the drop of export parity were slowing down business.

Cotton prices dropped in the Brazilian market in March. Oscillations in the international cotton prices and dollar drove some sellers out of the market.

Aware of that posture, active cotton growers ended up asking slightly higher prices, even for low-quality batches. Industries, however, were not willing to pay those prices and acquired only small batches for prompt deliveries.

Cotton brokers and merchants purchased and sold cotton with trades already closed. Some bought cotton to accomplish contracts that had been previously closed, while others needed to meet demands from processors. (MCJ)

Cepea-Brazil

Must ReadView All

Courtesy: Reliance Industries

Textiles | On 24th Apr 2017

Reliance’s FY17 revenue from petrochemicals up 12.2%

Increase in prices across polymers and polyester chain has...

Textiles | On 24th Apr 2017

India, Kazakhstan to increase cooperation in textiles

Indian and Kazakhstan are deliberating upon increasing cooperation in ...

Textiles | On 24th Apr 2017

GST reflects 'One nation, One aspiration' spirit: Modi

Prime Minister Narendra Modi has said that the Goods and Services Tax ...

Interviews View All

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search