Home / Knowledge / News / Textiles / Cotton trades sluggish in spot market
Cotton trades sluggish in spot market
Sep '11
In early September, cotton trades were moving at a slow pace in Brazil, due to the price oscillations. Differences between asking and bidding prices prevailed at the beginning of the month. While purchasers expected quotes to drop because of the end of the harvesting, producers focused on the accomplishment of contracts.

In August, exports hit a record regarding volume and revenue. Brazil shipped 117.5 thousand tons last month, way above that registered in October 2008 (106.4 thousand tons), the highest amount ever exported in one month. The revenue reached 252.2 million dollars in August, a record.

Brazilian exports in August 2011 were 61.7% higher than in August 2010. However, in the accumulated of the year, shipments have amounted only 195.3 thousand tons (year on year decrease by 14.2% to 227.6 thousand tons). On the other hand, the revenue obtained in the partial of 2011 reached 409.3 million dollars, against 350.8 millions in the same period of 2010.

Between August 31 and September 15, the CEPEA/ESALQ Index for cotton type 41-4 (delivered in São Paulo city, payment in 8 days) upped slightly 0.2%, to close at 1.8080 real or 1.0585 dollar per pound on Sept. 15.

In early September, producers surveyed by Cepea were focused on the wrapping up of the harvesting activities, on the advance of the cotton ginning and on the final adjustments of the new summer season. Purchasers, however, were refrained because of instabilities in the market. In most cases, they traded only to rebound inventories.

CEPEA - Center for Advanced Studies on Applied Economics is a research center of the University of São Paulo located at ESALQ in Piracicaba, State of São Paulo. It is focused on agribusiness issues considering a diversity of related subjects: market analysis and price discovery, international trade, macroeconomics, management strategies, environmental and social aspects, entrepreneurship and family farming.

CEPEA - Center for Advanced Studies on Applied Economics

Must ReadView All

Textiles | On 28th Jun 2017

GST and textiles industry: Analysis and opinion

The Goods and Services Tax (GST) is at long last all set to be rolled ...

Textiles | On 28th Jun 2017

India probing dumping of polyester yarn by China

Indian government is probing anti-dumping allegations against a...

Courtesy: Raymond

Apparel/Garments | On 28th Jun 2017

Raymond plans to invest Rs 1,400 crore in Amravati plant

Raymond, Indian textiles and apparel major, has decided to invest Rs...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Marten Alkhagen
Swerea IVF AB

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Suresh Patel
Sidwin Fabric

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Igor Chapurin

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

Silvia Venturini Fendi
Fendi s.r.l

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

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


news category

Related Categories:
July 2017

July 2017

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


Browse Our Archives


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