Home / Knowledge / News / Textiles / CEPEA/ESALQ cotton index remains in downturn
CEPEA/ESALQ cotton index remains in downturn
18
May '11
The Center for Advanced Studies on Applied Economics - CEPEA/ESALQ Index for cotton registered on May 4 the highest oscillation ever verified by Cepea for commodity: a decrease of 14.4%. In only one day, the product devalued 40 cents of real per pound. As a result, between April 29 to May 13, the CEPEA/ESALQ Index for cotton type 41-4 (delivered in São Paulo city, payment in 8 days) moved down 25.36%, to close at 2.1909 reais or 1.3416 dollar per pound on May 13.

The nearness of the season and drops in import and export parities played an important role in pushing down quotes. Purchasers have been more prudent in their acquisitions since March. As a result, sellers were more flexible when selling off batches of the 2009/10 season.

The pace of trades stepped up in early May. However, the volume traded was still not expressive.

In both Brazilian and international markets, recent drops were influenced by refrained purchasers. Because of highs observed in previous months, values reached levels that hindered trades. These price changes are a process to adjust to levels that are attractive for purchasers and profitable for producers.

According to data from ICAC (International Cotton Advisory Committee), the demand for cotton in the 2010/11 season might remain stable compared to the 2009/10 season, at 25.1 million tons. For the 2011/12 season, a small growth is expected, amounting 25.8 million tons.

Icac also forecasts an increase of 11% in the production, hitting a record of 27.6 million tons in 2011/12. The above-the-demand world production will favor ending stocks to increase to 10.1 million tons (ICAC).

CEPEA - Center for Advanced Studies on Applied Economics


Must ReadView All

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...

Karl Mayer opens new workshop in Vietnam

Textiles | On 11th Dec 2017

Karl Mayer opens new workshop in Vietnam

Karl Mayer, Germany’s leading textile machinery firm, has announced...

Cotton USA promotes cotton at TITAS Taiwan tradeshow

Textiles | On 11th Dec 2017

Cotton USA promotes cotton at TITAS Taiwan tradeshow

Cotton USA, which promotes US cotton fibre and manufactured cotton...

Interviews View All

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

C Dhandayuthapani

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Marten Alkhagen
Swerea IVF AB

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

Steve Cole
Xerium Technologies

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

Jay Ramrakhiani
Occasions Elegance Wear

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

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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