Home / Knowledge / News / Textiles / Cotton quotes drop in Brazilian market in October
Cotton quotes drop in Brazilian market in October
Oct '17
Cotton quotes drop in Brazilian market in October

Despite slight oscillations, cotton quotes dropped in the Brazilian market in the first fortnight of October, as sellers were either more active in the spot market or retracted, the Center for Advanced Studies on Applied Economics (CEPEA) said in its fortnightly report. New trades were hampered as most buyers bid lower quotes than offer prices.


Between September 29 and October 13, the CEPEA/ESALQ Index dropped 1.8 per cent, closing at 2.3718 BRL ($0.7527) per pound on October 13.


Some textile companies were focused on closing new trades for delivery in late 2017 and early 2018. As for the exportation contracts, only a few were closed, mainly for the next three months, the CEPEA report said.


In September 2017, Brazil’s cotton exports amounted to 132,700 tons, up 95.2 per cent compared to the previous month, according to data from The Secretariat of Foreign Trade (SECEX). Cumulative exports in the first nine months of 2017 totalled 371,000 tons, which is 30 per cent lower than the quantity exported in the same period of 2016.


Meanwhile, the first survey conducted by National Company for Food Supply (Conab) regarding 2017-18 crop, released on October 10, estimates that area under cotton is likely to increase anywhere between 5.5 per cent to 15.4 per cent. As a result, production is projected to increase somewhere between 1.61 million tons and 1.75 million tons, i.e. between 5.1 per cent and 14.9 per cent increase over 2016-17 crop. The average yield is, however, likely to see a slight drop of 0.4 per cent from the previous season to 1,622 kg per hectare.


In Mato Grosso, the main cotton producing province in Brazil, cotton area is forecast to increase by 10 per cent in 2017-18 compared to the previous season, according to Conab. Likewise, in Bahia, the second largest cotton producing state in Brazil, the sown area may total from 245 to 271 hectares, 21.8 per cent to 34.6 per cent up compared to 2016-17 season. (RKS)

Fibre2Fashion News Desk – India

Must ReadView All

Courtesy: Aditya Birla

Textiles | On 20th Jun 2018

'Growth of VSF yarn industry is difficult'

Growth for the viscose filament yarn (VSF) yarn industry is...

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Apparel/Garments | On 20th Jun 2018

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Italian company Eurojersey Spa will present in 2019 new embossing...

Courtesy: Coolvision

Textiles | On 20th Jun 2018

FiberVisions to show new range of CoolVisions fibre at OR

FiberVisions, an Indorama Ventures company, is set to present a new...

Interviews View All

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Top executives
Textile industry

Overall, Union budget 2018-19 is very balanced

Jurgen Gauger

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

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Urs Stalder
Sanitized AG

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

Karan Arora
Karan Arora

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

Amiben Shroff

From its modest beginning in the late 1960s, Shrujan has grown into a...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth 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

June 2018

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

news category

Related Categories:

Advanced Search