Home / Knowledge / News / Textiles / Brazilian cotton prices maintain upward trend in March
Brazilian cotton prices maintain upward trend in March
04
Apr '13
In March, cotton prices kept the upward trend in the domestic market, opposite to the international scenario. In Brazil, the industry continued to operate, in an attempt to anticipate purchases before the off-season peak in the Cerrado region. In the international market, quotes show that the demand has not absorbed these increases.

In Brazil, despite successive price rises, quotes may still increase in the mid-term. In the accumulated of 2013, prices have already upped 34.1%, while in the same period last year, the increase was only 2.3%. Players expect quotes to keep the upward trend. The industry, in general, continues interested in the high-quality cotton, but its availability was low in late March. Some purchasers wanted to close trades to deliver during the harvesting, because they needed the high-quality product and feared that competition will be fierce at the beginning of the new crop.

Cotton growers, on the other hand, remained focused on the soybean trades and were unwilling to trade cotton. When they operated, they asked above-average prices.

Besides the soybean trades, producers were focused on agricultural practices in cotton crops, which were in good conditions, in general, at the end of the month. The dry weather affected crops in northern Minas Gerais State and, in Barreiras (Bahia State), besides the dry weather, caterpillars were attacking crops.

Logistics also affected trades in late March. Players have not been able to find trucks available to transport cotton, because truckers were prioritizing soybean transports.

In March, the CEPEA/ESALQ Index for cotton type 41-4 (delivered in São Paulo City, 8-day payment) picked up 13.86%, averaging 2.1694 reais (1.0728 dollar) per pound on March 28.

Center for Advanced Studies on Applied Economics (CEPEA)


Must ReadView All

Courtesy: Kai Pilger from Pexels

Apparel/Garments | On 26th Apr 2018

FOBAP in the Philippines trying for garments sector revival

The Foreign Buyers Association of the Philippines (FOBAP), a body...

German investors keen to invest in Pakistan: top official

Textiles | On 26th Apr 2018

German investors keen to invest in Pakistan: top official

A German traders delegation will soon visit Pakistan to explore...

Courtesy: Uster

Textiles | On 26th Apr 2018

Uster Technologies acquires Elbit Vision Systems

Uster Technologies has announced the successful closure of the...

Interviews View All

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Mark Paterson
Technical Absorbents Ltd

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

Silvia Venturini Fendi
Fendi s.r.l

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

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

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

Leave your Comments


April 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


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