Home / Knowledge / News / Textiles / Brazilian cotton prices seen recovering in early June
Brazilian cotton prices seen recovering in early June
Jul '15
According to a CEPEA Brazil report, Brazilian cotton prices were recovering in early June, driven by the need to purchase in the short-term and expectation of delay in availability of cotton in the new season.

“Purchasers with needs for prompt delivery, such as cotton processors in the northeastern and southern regions, were accepting asking prices of sellers,” the report said.

The CEPEA/ESALQ Index, for payment in 8 days, for cotton type 41-4 (including freight to São Paulo city) increased 3.56 per cent in the first fortnight of the month.

It closed at 2.1019 BRL per pound or $0.671 per pound on June 15, but if compared to its previous month, the price decreased 1.33 per cent.

CEPEA calculations showed that in the first half of June, export prices for shipment between July and December 2015 averaged $0.6867 per pound, down 1.21 per cent from the average in May 2015.

For shipments in the second quarter of 2016, the average stood at $0.7036 per pound, a drop of 2.6 per cent as against its previous month.

Between June 8 and 12, the export parity calculated by CEPEA for Free Alongside Ship (FAS) at Paranaguá port stood at 1.9334 BRL or $0.621 per pound.

This is a drop of 1.11 per cent when compared to its previous week ending June 5). In the same period, Cotlook A Index increased 0.21 per cent and the US dollar decreased 1.28 per cent vis-à-vis the real.

In the same period, the import parity released by National Company for Food Supply (CONAB), based on Cotlook A Index, CIF São Paulo averaged 2.5293 BRL or $0.813 dollar per pound.

The CONAB report released on June 11 upheld the last data that reduced Brazilian output by 13.1 per cent in 2015/16 compared to the 2014/15 crop, totaling 1.5 million tons.

CONAB said cotton acreage is expected to decline to just under one million hectares, down 12.8 per cent from its previous season and also forecast that yield will also marginally drop by 0.3 per cent.

Fibre2Fashion News Desk - India

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Kerem Durdag
Biovation II LLC

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

Kevin Nelson

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Wendell Rodricks
Wendell Rodricks

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

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search