While the domestic cotton market features spot negotiations, Brazilian shipments remain robust, with a new monthly record and a significant advance in the 12-month total. According to researchers at Cepea, the resumption of exports to China is the main factor for this scenario, amidst price fluctuations in the domestic market and distinct movements between the export parity and domestic quotes. In March, Brazil exported 347.8 thousand tons of cotton, a volume 28.6% higher than that of February/26 and 45.4% higher than that of March/25. This is the highest shipment ever recorded for the month of March and the highest since December/25 (452.5 thousand tons). In the 12-month total, exports amount to 3.032 million tons, exceeding even the total shipped throughout the entire year of 2025 (3.026 million). The data is from Secex. According to Cepea, in the national spot market, prices fluctuate but remain firm. Periods of decline were ...