Home / Knowledge / News / Textiles / Brazilian cotton prices oscillate in November

Brazilian cotton prices oscillate in November

Nov '18
Brazilian cotton prices oscillate in November
In light of the fierce competition between agents, cotton quotes oscillated in the Brazilian market during the first fortnight of November. From October 31 to November 14, the CEPEA/ESALQ cotton Index, with payment in 8 days, remained stable at 2.9510 BRL per pound on November 14. Only a few agents were active in the spot market during the fortnight.

During the fortnight, cotton farmers continued focused on both processing the 2017-18 crop and exports, and most of the batches available in the spot had not been approved in sales through contracts. Processors, in turn, were searching for higher quality and smaller-sized batches, in order to complement the deliveries already scheduled, Center for Advanced Studies on Applied Economics (CEPEA) said in its fortnightly report on the Brazilian cotton market.

Meanwhile, in Mato Grosso, the main cotton-producing state in Brazil, Instituto Matogrossense de Economia Agropecuária (IMEA) has estimated the 2017-18 total crop at 1.358 million tons. Until November 12, 84.59 per cent of the crop from that state had been harvested.

Regarding the estimates for the 2018-19 crop, data released by Conab (National Company for Food Supply) on November 8 indicated that the area allocated to cotton in Brazil should increase by 12.1-21.4 per cent compared to the previous season. As a result, Brazilian production may rise to 2.157 to 2.337 million tons, i.e. an increase between 7.6 per cent and 16.5 per cent. However, the average productivity is forecast at 1,639 kilos per hectare, 4 per cent down compared to the 2017-18 crop.

In Mato Grosso, the area allocated to the 2018-19 cotton crop may increase by 10-20 per cent compared to the previous season, according to data from Conab. The harvesting may reach between 1.423 and 1.552 million tons, 10.3-20.3 per cent up than the previous season.

In Bahia, the other cotton producing region, the area allocated to cotton is expected to increase 13.8-21.4 per cent compared to 2017-18, according to Conab. However, the average productivity is forecast at 1,588 kilos per hectare (down 16 per cent).

On the export front, October was a good period for Brazilian cotton. According to data from Secretariat of Foreign Trade (SECEX), Brazil shipped 163,000 tons last month, which is more than double the quantity (72,600 tons) exported in September 2018. Revenue totalled $282.8 million in October, much higher than the $127.5 million from the previous month and 5.9 per cent more than that from October 2017. (RKS)

Fibre2Fashion News Desk – India

Must ReadView All

Pic: Shutterstock

Retail | On 1st Dec 2020

British retailer Arcadia enters into administration

UK clothing retail group Arcadia recently entered into administration ...

Pic: Fashion For Good

Textiles | On 1st Dec 2020

Fashion For Good launches Viscose Traceability Project

Fashion for Good, a global initiative to make all fashion good, has...

Pic: European Commission

Textiles | On 1st Dec 2020

Croatian, Belgian, Romanian firms win EUSIC challenge

Snake, a Croatian platform that enables users to wear outfits in...

Interviews View All

Headhonchos, Indian fashion industry

Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Sunil Rathore, Lacoste India

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Karan Toshniwal, Orange O Tec

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Amanda Cioletti,

Amanda Cioletti

The entertainment/character segment lead as the largest sector for the...

Riddhi Jain,

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Prakhar Singh,

Prakhar Singh

Morgan Tecnica offers the largest and most modern range of solutions for...

Wolfgang Plasser, Lenzing AG

Wolfgang Plasser
Lenzing AG

The Lenzing Group is an international company headquartered in Austria...

Isabel Herranz, European School of Business & innovation

Isabel Herranz
European School of Business & innovation

Cutting-edge ideas like the Internet of Things and artificial intelligence ...

Ayyappa Nagubandi, Broadcast Wearables Pvt Ltd

Ayyappa Nagubandi
Broadcast Wearables Pvt Ltd

Hyderabad-based Broadcast Wearables has come up with the country's first...

Silvia Venturini Fendi, Fendi s.r.l

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Rupa Sood and Sharan Apparao, Nayaab

Rupa Sood and Sharan Apparao

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

Hemant & Nandita, Hemant & Nandita

Hemant & Nandita
Hemant & Nandita

The designer duo of Hemant & Nandita are known for being inspired by...

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


Leave your Comments

December 2020

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

Advanced Search