Home / Knowledge / News / Textiles / Brazilian Cotton Index CEPEA/ESALQ drops 4.2% in May
Brazilian Cotton Index CEPEA/ESALQ drops 4.2% in May
04
Jun '14
In spite of the resistance of some sellers, cotton values resumed decreasing in late May and early June – May was the fourth consecutive month of price decreases. Drops are attributed to the lower quality of batches, due to the nearness of the end of the 2012/13 season, the low purchase interest from the industry and the smaller export parity.
 
In May, the CEPEA/ESALQ Index for cotton type 41-4 moved down 4.26%, closing at 1.9279 real (0.8606 dollar) per pound on May 30. It is worth noting to mention that cotton sales to the international market, especially in the first two weeks of May, and the need to purchase from companies from the Northeastern area in Brazil in previous periods prevented price decreases to be even higher in May. The monthly average, of 1.9504 real per pound, was 6.6% lower than that in April 2014 and 1% smaller compared to that in May 2013, in nominal terms. 
 
As for the 2013/14 harvesting, players surveyed by Cepea say that there will be a delay of roughly 25 days in major producing regions in Cerrado, due to weather oscillations since the beginning of 2014, including low temperatures last week. Therefore, producers who still have high-quality batches keep expectations to sell at higher values compared to the observed currently.
 
Between May 27 and 30, the index for Cotlook A decreased 2.23% in relation to the previous week (May 19-23). In the same period, the dollar average upped 0.88%. The export parity calculated by Cepea FAS (Free Alongside Ship) Paranaguá port averaged 1.7169 real per pound, downing 1.61% compared to the previous.

CEPEA


Must ReadView All

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Apparel/Garments | On 15th Dec 2017

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Strategic location, modern factory facilities and proximity to the...

Courtesy: 2XU

Apparel/Garments | On 15th Dec 2017

L Catterton Asia announces JV of GXG and 2XU

L Catterton Asia, the Asian unit of the largest and most global...

15 trade associations urge nations to safeguard WTO system

Apparel/Garments | On 15th Dec 2017

15 trade associations urge nations to safeguard WTO system

Fifteen trade and industry associations from across the world have...

Interviews View All

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Urmil Arya

Sushila International, a well established textile organisation established ...

Paolo Ocleppo
Sandvik Hyperion

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

Eamonn Tighe
Nature Works LLC

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Sidharth Sinha
Sidharth Sinha

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Tony Ward
Tony Ward

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

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
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

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
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

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
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

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
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


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