Cepea, July 2, 2021 – The gap between bidding and asking prices has been constraining deals in the Brazilian cotton market. This scenario is linked to agents’ different perspectives about the market in the coming weeks.
While some sellers are unwilling to lower asking prices, aware of the decrease in cotton inventories, purchasers are based on the price gap between the Brazilian and the international markets, the progress of the harvesting and the dollar appreciation against the Real
Fonte: CEPEA
