Home / Knowledge / News / Textiles / Global markets thwart Brazilian cotton price rise
Global markets thwart Brazilian cotton price rise
05
Sep '13
In late August, cotton quotes resumed moving down in the Brazilian market, affected by price drops in the international scenario. Not even the significant dollar valuation prevented price decreases in Brazil.

In the Brazilian market, the export parity dropped, indicating significant advantage to domestic sales. Purchasers, focused on international price drops, are refrained to trade, expecting more price decreases.

Cotton dealers are flexible in regard of quotes, in an attempt to obtain gains with recent price rises. Cotton growers, in turn, try to keep asking prices or are refrained from new trades.

In the accumulated of August, the CEPEA/ESALQ Index for cotton type 41-4 upped 3.4% and closed at 2.1598 real (0.9063 dollar) per pound on Aug. 30.

The USDA released in late August that the world cotton supply may total 25.3 million tons in the 2013/14 season, 3.9% smaller compared to the previous. The world consumption may increase 2.3% in relation to the year before, to 23.9 million tons.

Considering supply reduction and consumption increase compared to July data, stocks are forecasted smaller, at 20.4 million tons. The stock/consumption ratio may remain at the record of 85.4%.

CEPEA

Must ReadView All

Textiles minister Smriti Irani at a press conference with minister of state for textiles, Ajay Tamta, the principal director general (M&C), PIB, AP Frank Noronha and other dignitaries. Courtesy: PIB

Apparel/Garments | On 23rd May 2017

Special package for knitwear coming soon: Irani

Union textiles minister Smriti Irani said that the government of...

Apparel/Garments | On 23rd May 2017

Apparel, footwear use may rise by 63% in 2030: Report

The apparel and footwear consumption is projected to rise by 63 per...

Apparel/Garments | On 23rd May 2017

Gap Inc earns $3.4 bn in net sales in Q1 FY17

Gap Inc's net sales for the first quarter of fiscal year 2017 were...

Interviews View All

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kerem Durdag
Biovation II LLC

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Rupa Sood and Sharan Apparao
Nayaab

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

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

news category


Related Categories:
May 2017

May 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