|Low supply pushes up cotton prices in Brazilian market
19
Jul '21
Although harvesting has begun, cotton supply is low in the domestic Brazilian market, pushing up the prices. Between June 30 and July 15, the CEPEA/ESALQ Index for cotton rose by 6.6 per cent, to 5.0007 BRL/pound on July 15, as per the latest fortnightly report on the Brazilian market released by the Center for Advanced Studies on Applied Economics (CEPEA).
Although harvesting has begun, cotton supply is low in the domestic Brazilian market, pushing up the prices. Between June 30 and July 15, the CEPEA/ESALQ Index for cotton rose by 6.6 per cent, to 5.0007 BRL/pound on July 15, as per the latest fortnightly report on the Brazilian market released by the Center for Advanced Studies on Applied Economics (CEPEA).