Home / Knowledge / News / Textiles / Good demand boosts Brazilian cotton prices
Good demand boosts Brazilian cotton prices
05
Dec '13
Cotton quotes have been moving up in the Brazilian market, affected by the higher demand. Many companies are operating more at this end-of-the-year period, aiming to guarantee the raw material that is necessary to the consumption for the end of 2013 and early 2014. 
 
Purchasers accept to pay higher prices, mainly when trades involve good-quality batches. However, when the product does not reach the desirable quality, agents pay relatively stable quotes.
 
In regard of sellers, only trading companies are operating more in the market – which favors cotton dealers. Therefore, in general terms, refrained sellers prevail. Cotton growers, who expect the upward trend to continue, are refrained in the spot market. 
 
These players indicate uncertainties in regard of cotton areas, for both first and second crops. Prices are higher compared to one year ago; however, production costs and the slow pace of anticipated trades are aspects that will be taken into account in the decision making. 
 
The CEPEA/ESALQ Index for cotton type 41-4 moved up 1.1% in November, closing at 2.1129 reais (0.9044 dollar) per pound on Nov. 29.
 
As for the Brazilian crop development, the government announced phitosanitary emergency in Bahia, Mato Grosso, Goiás and some areas in Minas Gerais. Therefore, players are free to use insecticides against Helicoverpa armigera caterpillar. 
 
The USDA indicates that the planted area and the cotton production in the 2013/14 crop might increase. The area may total between 1 and 1.2 million hectares, which indicates uncertainties regarding the possible volume of supply.
 
As for the demand, the USDA anticipates that new data for Brazil will be lower compared to what was released in November. Exports may keep up a low volume.
 

CEPEA


Must ReadView All

Market share of Indian textile items expand in 13 nations

Textiles | On 11th Dec 2017

Market share of Indian textile items expand in 13 nations

Thirteen countries — Germany, France, Italy, the United States,...

Bangladesh garment exports rise 7.46% in July-Nov '17

Apparel/Garments | On 11th Dec 2017

Bangladesh garment exports rise 7.46% in July-Nov '17

Readymade garment exports from Bangladesh increased 7.46 per cent in...

Cotton price increase is not sustainable: ITF

Textiles | On 11th Dec 2017

Cotton price increase is not sustainable: ITF

The increase in cotton price seen last week is only a short-term...

Interviews View All

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Representatives
Textile & apparel industry

GST is a complicated and lengthy process

Headhonchos
Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Harsh Shah

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

Paolo Ocleppo
Sandvik Hyperion

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

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Eric Scholler
Groz-Beckert

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

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

December 2017

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
69.2%
No
12.1%
Skip
18.7%

Total Votes: 91

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
61.5%
No
30.8%
Skip
7.7%

Total Votes: 91

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
86.8%
No
9.9%
Skip
3.3%

Total Votes: 91

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
81.3%
No
8.8%
Skip
9.9%

Total Votes: 91


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