Home / Knowledge / News / Textiles / Quotes in BR cotton market keep the downturn
Quotes in BR cotton market keep the downturn
22
Jul '11
In early July, cotton quotes kept tumbling down in the Brazilian market, as did export parity, Cot A and future contracts at New York Board of Trade (ICE Futures). The demand was still low in both domestic and international markets, pushing down quotes.

Between June 30 to July 15, the CEPEA/ESALQ Index for cotton type 41-4 (delivered in São Paulo city, payment in 8 days) moved down 17%, to close at 1.5925 real or 1.0111 dollar per pound on July 15.

Conab (National Company for Food Supply - Brazil) reported that the planted area will be 1.39 million hectares, and yield is forecast to be 1,475 kilos per hectare. Consequently, production may reach 2.05 million tons.

According to data from Secex (Foreign Trade Secretariat), cotton exports amounted only 2.6 thousand tons in June, volume 48.1% higher than that in May (1.8 thousand tons). In the year, shipments totaled 50.2 thousand tons, 63% lower compared to the accumulated of the same period last year.

Imports were 47.1% lower in June comparing to May, amounting 18.5 thousand tons. In 2011, imports have totaled 133.9 thousand tons, against 22.2 thousand tons in the partial of 2010.

Center for Advanced Studies on Applied Economics (Cepea) is formed by a group of well-trained specialists that have been collecting and analyzing data from primary sources for more than 15 years. Cepea releases on a daily basis a set of price indexes that are widely used by farmers, agribusiness agents and by the government.

Center for Advanced Studies on Applied Economics (Cepea)


Must ReadView All

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Textiles | On 22nd Jun 2017

Hpfabrics opening production facility in Forsyth County

Hpfabrics, manufacturer of raw fabrics, is opening a new production...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Steve Cole
Xerium Technologies

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Silvia Venturini Fendi
Fendi s.r.l

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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

news category


Related Categories:
June 2017

June 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