Home / Knowledge / News / Textiles / Prices drop in Brazilian cotton market this month

Prices drop in Brazilian cotton market this month

Jul '19
Pic: Shutterstock
Pic: Shutterstock
Prices dropped in the Brazilian cotton market in the first fortnight of July as liquidity was higher. Between June 28 and July 15, the CEPEA/ESALQ cotton Index, with payment in 8 days, dropped 2.2 per cent, closing at 2.6557 BRL per pound on July 15. The average price of 2.7032 BRL per pound is 25.15 per cent below those prevailed in July 2018.
As processing advanced, more cotton batches from the 2018-19 crop were supplied in the spot, making sellers more willing to lower asking prices during the fortnight, Center for Advanced Studies on Applied Economics (CEPEA) said in its latest fortnightly report on Brazilian cotton market.
Meanwhile, in its 10th crop survey, released on July 11, Conab revised production estimates down by 0.41 per cent for 2018-19—compared to that reported in June, to 2.665 million tons, which is 32.9 per cent higher than that in the previous crop, due to the 36.2 per cent area increase (1.6 million hectares). The average productivity, in turn, decreased 0.48 per cent compared to that reported in June and 2.5 per cent compared to the 2017-18 season, to 1,665 kilos per hectare.
In Mato Grosso, although the average productivity may decrease by 1.1 per cent to 1,641 kilos per hectare, the amount to be harvested is forecast at 1.64 million tons, 36.8 per cent up compared to the 2017-18 crop. Bahia, in turn, may harvest 583,700 tons of cotton, 17.1 per cent more than in 2017-18. Despite the sharp area increase by 25.9 per cent, the average productivity may decrease 7 per cent to 1,758 kilos per hectare.
In terms of exports, Secex data indicates that in the current season (from August 2018 to June 2019), shipments have totalled 1.262 million tons, surpassing the record from 2011-12. In June, cotton exports totalled 61,600 tons, higher than the 8,800 tons shipped in the same period of 2018 and the largest volume exported in the month of June since 1996. (RKS)

Fibre2Fashion News Desk – India

Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 14th Aug 2020

Cambodia prepares to face upshot of partial EBA withdrawal

As the preferential treatment Cambodia enjoyed under the European...


Textiles | On 14th Aug 2020

India & Brazil push world cotton stocks to high level

World cotton stocks remain high as the Minimum Support Price (MSP) in ...

Pic: Shutterstock

Apparel/Garments | On 14th Aug 2020

Apparel production in Vietnam fell by 4.6% YoY in Jan-Jul

In the first seven months of this year, textile production in Vietnam ...

Interviews View All

Karin Ekberg, Leadership & Sustainability

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Top executives, Fashion houses, India

Top executives
Fashion houses, India

With technology, it has become easier to ensure IPR

Textile Industry, Head honchos

Textile Industry
Head honchos

Increased need for online fitting solutions as retailers shift to...

Angelo Leung,

Angelo Leung

Guangdong Asiatex Textiles provides international and domestic apparel...

Laksheeta Govil,

Laksheeta Govil

Founded in 2014, Fizzy Goblet is a Delhi / NCR based handcrafted leather...

Gagan Gulati,

Gagan Gulati

PG Silk Mills Private Limited had a humble start with a hand-dyeing unit....

Ian Russell, Pireta

Ian Russell

UK-based Pireta has developed a unique free-form process to add durable,...

Kai Poehler, Voith Paper GmbH & Co. KG

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Melissa Tate, University of New South Wales

Melissa Tate
University of New South Wales

<div><div><div><div><b>Melissa Tate</b>, a well-known scientist currently...

Prathyusha Garimella, Prathyusha Garimella

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Joe Ikareth, Joe Ikareth

Joe Ikareth
Joe Ikareth

<b>Joe Ikareth</b> has a rock-solid fashion and textiles background, which ...

Seema Agrawal, Artisan Saga

Seema Agrawal
Artisan Saga

Artisan Saga, founded by Kaushik Rajani and Seema Agrawal, is an online...

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

August 2020

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

Advanced Search