Home / Knowledge / News / Textiles / Cotton prices continue to drop in Brazil
Cotton prices continue to drop in Brazil
07
May '12
Center for Advanced Studies on Applied Economics (CEPEA) reported that cotton prices registered slight daily drops in the Brazilian market in April. Purchasers have pressed cotton quotes. Part of producers, in turn, was more flexible regarding the low quality product.

In general terms, many cotton growers were refrained in late April, expecting prices to increase. Producers who still have soybean to trade prefer to sell soybean, which hit historical price records in Brazil. As for high quality cotton, the low supply continued to underpin prices in late April.

The CEPEA/ESALQ Index for cotton type 41-4 (delivered in São Paulo city, payment in 8 days) moved down 1.66% in the accumulated of the month (March 30 – April 30), and closed at 1.5967 real or 0.8377 dollar per pound on April 30.

Concerning the 2012/13 season, preliminary data from the USDA indicate that, among major producing countries, only Pakistan will have an increase in the planted area - 3.1%. In other countries, the planted area might shrink.

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.

Center for Advanced Studies on Applied Economics (CEPEA)


Must ReadView All

Textiles | On 26th Jun 2017

US initiates probe into PSF imported from 5 nations

The department of commerce of the US has initiated investigations for ...

Textiles | On 26th Jun 2017

USTR announces AGOA review for Rwanda, Tanzania & Uganda

The office of the US trade representative (USTR) has announced the...

Textiles | On 26th Jun 2017

Braskem invests in polypropylene production facility in US

The Board of Directors of Braskem, one of the largest producer of...

Interviews View All

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Eric Scholler
Groz-Beckert

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

Suresh Patel
Sidwin Fabric

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

Marcel Alberts
Eurofibers

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Bani Batra

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

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:
July 2017

July 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