Home / Knowledge / News / Textiles / Cotton prices increase in Brazilian market in March
Cotton prices increase in Brazilian market in March
Apr '18
Cotton prices increase in Brazilian market in March
Despite the slow pace of trades, cotton prices increased in the Brazilian market in March 2018. Between February 28 and March 29, the CEPEA/ESALQ cotton Index rose 6.6 per cent, closing at 3.0302 BRL per pound on March 29. The average price in March, at 2.9876 BRL per pound, is the highest since June 2011, when the average price was 3.1614 BRL per pound.

“The boost came from low supply, mainly of high quality (41-4 above) batches, as well as from the firm stand of active sellers, who claim most cotton has already been sold through contracts, Center for Advanced Studies on Applied Economics (CEPEA) said in its latest report on Brazilian cotton market.

The month also saw increase in freight values due to the difficulty in finding trucks as most of them were allocated to the transportation of grains.

In general, the batches available for sale in the market were small, due to low supply in the off-season period and the good exportation pace in the 2016-17 season. According to the Secretariat of Foreign Trade (Secex), between August 2017 and March 2018, Brazil exported 835,000 tons of cotton, registering a growth of 37.56 per cent compared to 607,000 tons shipped between August 2016 and July 2017.

During the month, some processors were interested in trading small volumes to replenish inventories, while others were working with the product previously purchased and, in light of the price rises, were not active in the spot market.

Growers, in turn, were focused on the soybean harvesting and the development of cotton crops, whose conditions were considered satisfactory in Mato Grosso and Bahia—the two main cotton growing regions in Brazil. Thus, only a few growers had cotton available for trading in the spot market, CEPEA said. (RKS)

Fibre2Fashion News Desk – India

Must ReadView All

Courtesy: Pexels

Textiles | On 19th Sep 2018

Punitive PRC tariffs on US goods has extra 5% on textiles

Responding to Washington’s latest duty increase in a dispute with...

Courtesy: Tecnorama

Textiles | On 19th Sep 2018

'Reliability & excellent quality are Tecnorama’s USP'

The complete reliability and excellent quality of Tecnorama systems...

Courtesy:  Stanislav Kondratiev on Unsplash

Apparel/Garments | On 19th Sep 2018

AAFA questions US tariffs on $200 bn Chinese goods

The American Apparel & Footwear Association (AAFA) has questioned...

Interviews View All

Manuj Terapanthi, Texaura

Manuj Terapanthi

Transparent supply chain and fair trade will boost sustainable market

C. Dhandayuthapani, Mag Solvics Pvt. Ltd

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Yash Agarwal, Hitansh Online

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Sham Shah,

Sham Shah

Shamal and Shamal Pvt Ltd is into manufacturing and sales of textile...

Vikas Banduke,

Vikas Banduke

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

Sugandha Bhardwaj,

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Mr Ambrose Chan, DSG International (Thailand) PLC

Mr Ambrose Chan
DSG International (Thailand) PLC

Kerem Durdag, Biovation II LLC

Kerem Durdag
Biovation II LLC

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

Pierre Wiertz, EDANA

Pierre Wiertz

EDANA, the international association serving the nonwovens and related...

Priya Somaiya, Usha Social Services

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Karan Arora, Karan Arora

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Igor Chapurin, Chapurin

Igor Chapurin

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

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

September 2018

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

news category

Related Categories:

Advanced Search