Cotton: Domestic price remains firm; exports are intense

Brazilian sellers consulted by CEPEA are focused on fulfilling contracts, staying away from the domestic spot market. This withdrawal of sellers and the higher export parity have been supporting the domestic prices of lint cotton. On the demand side, industries consulted by CEPEA show greater interest in higher quality lots, but purchases are made only when necessary. According to CEPEA researchers, while the pace of business involving lint cotton remains slow in the domestic spot market, exports are intense. The volume shipped by Brazil in this partial of November already totals 323,100 tons, exceeding by 7.90% the quantity exported in the entire ...