The pace of trades involving cotton has been increasing compared to previous periods. In spite of that, the gap between asking and bidding prices is still verified.
The pace of trades involving cotton has been increasing compared to previous periods. In spite of that, the gap between asking and bidding prices is #
Between February 28 and March 14, the CEPEA/ESALQ Index for cotton type 41-4 downed 0.95% and closed at 2.2172 real (0.9430 dollar) per pound on March 14.
The pace of trades involving cotton has been increasing compared to previous periods. In spite of that, the gap between asking and bidding prices is #
Considering sellers, the higher interest to trade is related to frequent price drops observed in the domestic market – the downward trend has been observed since February beginning.
The pace of trades involving cotton has been increasing compared to previous periods. In spite of that, the gap between asking and bidding prices is #
On the other hand, international quotes have been increasing since February 5, when the downward trend started in Brazil.
The pace of trades involving cotton has been increasing compared to previous periods. In spite of that, the gap between asking and bidding prices is #
In spite of international price rises, it is still more advantageous to sell in the domestic market. According to Cepea figures, the difference between prices in Brazil and the export parity resumed being close to 13%, which has not been observed since the beginning of August 2013. This scenario might have been attracted purchasers to the Brazilian market, explaining the liquidity increase.
The pace of trades involving cotton has been increasing compared to previous periods. In spite of that, the gap between asking and bidding prices is #
It is worth noting that, despite higher liquidity, price drops are not that significant, which might indicate that players are searching for a direction. The end of planting activities in Brazil, after unfavorable weather conditions, and the nearness of the harvesting in the South and Southeast are aspects that explain difficulties to anticipate trends, mainly for prices.
CEPEA
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