Home / Knowledge / News / Textiles / Cotton prices move up slightly in November
Cotton prices move up slightly in November
06
Dec '11
After moving up at the beginning of the month, due to the low supply of high-quality cotton, quotes started to decrease in late November in Brazil. The market was very sluggish and most companies were refrained. They still had stocks of cotton at the end of the month. Moreover, players were preparing for the end of the year. Despite refrained purchasers, some sellers were operating in the market in late November and were flexible regarding values.

In the accumulated of the month, cotton quotes upped slightly. The CEPEA/ESALQ Index for cotton type 41-4 (delivered in São Paulo city, payment in 8 days) increased 0.86% in the accumulated of the month (between Oct. 31 and Nov. 30), and closed at 1.6906 real or 0.9345 dollar per pound on Nov. 30.

According to agents surveyed by Cepea, sharp price drops this year, low liquidity and high ending stocks might discourage planting activities of cotton in Brazil for the next season. On the other hand, drops of corn prices (a competing crop in terms of planted area for the second crop) may favor planting activities of cotton.

Center for Advanced Studies on Applied Economics - Cepea 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.

Center for Advanced Studies on Applied Economics - Cepea

Must ReadView All

Textiles | On 24th Jan 2017

Textile industry demands relaxation of laws from Budget

The upcoming Union Budget 2017-18 should focus on relaxing certain...

President Donald Trump; Courtesy: White House

Textiles | On 24th Jan 2017

US sets ball rolling for withdrawal from TPP

President Donald Trump has set the ball rolling for withdrawal of the ...

Textiles | On 24th Jan 2017

Indian cotton consumption estimated at 290 lakh bales: CAI

The domestic consumption of cotton during the crop season 2016-17...

Interviews View All

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Lynda Kelly
Suominen Corporation

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Mark Paterson
Technical Absorbents Ltd

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Silvia Venturini Fendi
Fendi s.r.l

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

Igor Chapurin
Chapurin

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

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search