Cepea, January 3, 2022 – Cotton prices have been in an upward trend since mid-2020, and, in 2021, they hit the highest nominal levels of Cepea series. Increases are linked to higher international values, high dollar levels against Real and to the increase of the export parity, which also hit a record in the year, in a scenario of lower domestic production and firm international demand. Moreover, the high share of the production already traded through contracts to export reduced the availability in the spot market
Fonte: CEPEA
Due to lower production and firm demand, prices hit nominal record
Anterior:Despite higher production, prices set records in 2021
Próxima:Lower supply in BR boosts prices to record levels in 2021
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