Home / Knowledge / News / Textiles / Brazilian cotton prices continue to fall in last fortnight
Brazilian cotton prices continue to fall in last fortnight
23
Apr '14
Cotton prices continue to move down in the Brazilian market, returning to levels observed in November 2013. The low quality of the product available and refrained purchasers have been pressing down values in the domestic market.
 
Moreover, the international price fluctuation and dollar devaluation have been affecting price drops in Brazil.
 
Between March 31 and April 15, the CEPEA/ESALQ Index for cotton type 41-4 downed 3.25% and closed at 2.0865 real (0.9327 dollar) per pound on April 15.
 
In general, the industry keeps low the interest to purchase, claiming to have enough stocks to meet the demand in April and May. Moreover, companies are expecting new price drops and, therefore, postpone trades. Cotton growers, in turn, are firm regarding values, mainly for high-quality batches. On the other hand, dealers continue more flexible. Trading companies resumed operating more in the market, affected by dollar decreases against real and uncertainties caused by oscillations in the international market.
 
From April 7-11, the index for Cotlook A downed 2.47% in relation to the previous week (March 31 – April 4). The dollar average was 2.57% lower than in the week before. The export parity calculated by Cepea FAS (Free Alongside Ship) Paranaguá port averaged 1.7755 real per pound, for a decrease of 5.15% compared to the previous.
 

CEPEA

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Marten Alkhagen
Swerea IVF AB

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

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Jay Ramrakhiani
Occasions Elegance Wear

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

Bani Batra

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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