Home / Knowledge / News / Textiles / Brazilian cotton prices continue to rise in Sept
Brazilian cotton prices continue to rise in Sept
07
Oct '16
Driven by rise in Ice Futures at the New York Stock Exchange, Brazilian cotton prices continued to increase in late September. Cotton prices also grew on expectations of low cotton availability until the beginning of harvesting of the new crop. Besides, cotton buyers too expressed higher interest in purchasing, while sellers remained firm in asking prices.

The CEPEA/ESALQ Index for payment in 8 days, for cotton type 41-4, delivered in São Paulo, increased 2.77 per cent, closing at BRL 2.5244 or $0.7764 per pound on September 30.

Quoting data from the Brazilian Commodity Exchange, CEPEA said 73.8 per cent of the Brazilian 2014/15 cotton crop, forecast at 1.563 million tons, had already been traded until late September. Of this volume, 50.8 per cent was sold in the domestic market and the rest in the international market.

With regards to the 2015/16 crop, projected at 1.289 million tons, 60.4 per cent had already been traded in September. Of this total, 43.9 per cent was sold in the local market and the rest in the global markets. (AR)

 

Fibre2Fashion News Desk – India


Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Karan Arora
Karan Arora

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

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


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



X