Home / Knowledge / News / Textiles / Brazilian cotton prices drop in Sept, as harvesting ends
Brazilian cotton prices drop in Sept, as harvesting ends
Oct '17
Brazilian cotton prices drop in Sept, as harvesting ends
Brazilian cotton growers intensified processing in late September to fulfil the previously closed contracts before harvesting comes to an end. They were also trying to close new contracts, both for this year and for the first semester of 2018, according to the fortnightly report released by the Center for Advanced Studies on Applied Economics (Cepea).
Meanwhile, some purchasers left the market after receiving the delivery of previously purchased product and expecting prices to drop in the coming weeks.
In late September, prices oscillated either due to flexibility of some sellers and the low bidding prices from processors, or underpinned by the firm position of growers.
During the month of September, the CEPEA/ESALQ Index dropped 1.84 per cent, closing at 2.4158 BRL ($0.7628) per pound on September 29. The monthly average, at 2.4380 BRL per pound, was a slight 0.17 per cent higher than that in August 2017.
According to Brazilian Institute of Geography and Statistics, textile production in July 2017 increased 0.37 per cent, compared to that in the previous month, but increased 4.9 per cent over July 2016. For the clothes and accessories sector, production decreased 2.79 per cent from June 2017 to July 2017, and 1.72 per cent compared to the same period of 2016. (RKS)

Fibre2Fashion News Desk – India

Must ReadView All

Courtesy: Pyrates Smart Fabrics

Textiles | On 16th Jul 2018

Spain's Pyrates Smart Fabrics targets Asia, S America

Spain-based Pyrates Smart Fabrics, whose major markets are northern...

Bangladesh to modernise 3 jute factories to boost sector

Textiles | On 16th Jul 2018

Bangladesh to modernise 3 jute factories to boost sector

The executive committee of Bangladesh’s National Economic Council...

Courtesy: Asda

Apparel/Garments | On 16th Jul 2018

J Sainsbury agrees to £3.5 bn financing for Asda merger

J Sainsbury plc has agreed for a financing package of £3.5 billion in ...

Interviews View All

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

July 2018

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

news category

Related Categories:

Advanced Search