Home / Knowledge / News / Textiles / Brazilian cotton index dips 3.75% in May first fortnight
Brazilian cotton index dips 3.75% in May first fortnight
21
May '14
Cotton values continue to decrease in the Brazilian market, pressed down by the smaller export and import parities. Besides, most sellers are willing to sell-off stocks from previous crops, which refer to lower-quality product, most of times.
 
In the first fortnight of May, the CEPEA/ESALQ Index for cotton type 41-4 moved down 3.75% and closed at 1.9381 real (0.8722 dollar) per pound on May 15.
 
In general, in spite of the higher number of agents operating in the market, the pace of trades continues sluggish. Despite the higher intention to sell, asking prices are far from bidding values. The low quality of some batches also limits liquidity.
 
From May 6-9, the index for Cotlook A moved up 0.32% in relation to the previous week (April 28-May 2). The dollar average was 0.45% lower than in the week before. The export parity calculated by Cepea FAS (Free Alongside Ship) Paranaguá port averaged 1.7996 real per pound, downing 0.13% compared to the previous. 
 
Conab data released on May 8 indicate that the Brazilian production of cotton might total 1.65 million tons in the 2013/14 crop, for an increase of 26.3% in relation to the previous – a result of the area increase, which changed to 1.09 million hectares.
 

CEPEA


Must ReadView All

Textiles | On 20th Sep 2017

India needs to double cotton farmers’ income: top official

India needs to double the income of cotton farmers and non-farmers...

Textiles | On 20th Sep 2017

Pakistan seeks more JVs with China: textile minister

The Pakistani Government wants to forge more joint ventures (JVs)...

Apparel/Garments | On 20th Sep 2017

Egypt’s garment exports touch $941 million in 8 months

Egypt's garment exports touched $941 million in the first eight...

Interviews View All

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Pinkesh Jain
Everflow Petrofils Ltd

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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

September 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
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

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
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

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
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

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
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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