Cepea, May 20, 2020 – Brazilian cotton exports continue firm and, in the first fortnight of May, were remunerating more than sales in the domestic market were. However, the domestic cotton surplus is still high, and, thus, Brazil needs to export even higher volumes in the coming months. It is worth to mention that, soon, a new crop should arrive at the market, amid a slow production pace at processors since March (because of the effects of the coronavirus pandemic on consumption)
Fonte: CEPEA
Index is 19.8% lower than the exports parity
Redaçãomai 20, 2020
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