|Brazil Cotton Index expected to rise in upcoming period: TexPro
13
May '21
The Brazil Cotton Index (BCI) on sight price is expected to reach 98.50 cents per pound by July 2021. It was 80.67 cents per pound in January 2021 and surged by 9.42 per cent to reach 88.27 cents per pound in February. The price stayed between 88 and 89 cents per pound till April 2021 and is expected to rise by 11.02 per cent in July over the price of April.
The Brazil Cotton Index (BCI) on sight price is expected to reach 98.50 cents per pound by July 2021. It was 80.67 cents per pound in January 2021 and surged by 9.42 per cent to reach 88.27 cents per pound in February. The price stayed between 88 and 89 cents per pound till April 2021 and is expected to rise by 11.02 per cent in July over the price of April.