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

Apparel/Garments | On 10th Dec 2016

Amazon India aims to be India’s biggest fashion retailer

Since fashion is the second biggest ecommerce category in India,...

Apparel/Garments | On 10th Dec 2016

Kathy Ireland extends license with PPI Apparel till 2023

Clothing brand Kathy Ireland Worldwide has extended its partnership...

Textiles | On 9th Dec 2016

ACIMIT signs MoU with Pakistan textile bodies

In a bid to strengthen the trading in garments and textiles between...

Interviews View All

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Silke Brand-Kirsch
Schlegel und Partner

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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

December 2016

December 2016

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


Browse Our Archives


Advanced Search