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 Apr 2017

Fix 5% GST rate for textile goods: Textile bodies

Uniform levy of 5 per cent Goods and Services Tax (GST) on all...

Textiles | On 28th Apr 2017

India lifts CVD imposed on Nepali Jute goods

The countervailing duty (CVD) that was imposed on Nepali jute...

Courtesy: Williamsburg Garment Company

Fashion | On 28th Apr 2017

'We have grown by staying small & maximising efforts'

The easiest way to go out of business is to be too big or expand too...

Interviews View All

Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Rajiv Sirohi

‘Portugal is taking away a major share of the mill made sector.’

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Marcel Alberts

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Silke Brand-Kirsch
Schlegel und Partner

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

Ritu Kumar
Label Ritu Kumar

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

Pranav Mishra

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

Sonam & Paras Modi

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


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
April 2017

April 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