Home RECENTES Index drops by 5% in March, but monthly average is still a record

Index drops by 5% in March, but monthly average is still a record

Redaçãoabr 01, 2021RECENTES0

Cepea, April 1st, 2021 – The Brazilian market of cotton had two distinct moments in March: in the first days of the month, prices rose, which had been observed in January and in February, boosted by demand, sellers’ firm stance concerning prices and low supply in the domestic spot market. Thus, the CEPEA/ESALQ Index for cotton hit 5.2251 BRL per pound on March 4, a nominal record in the series of Cepea, which began in 1996
Fonte: CEPEA

Anterior:Price drops by 2.5% in March; devaluation in the 1st quarter hits 10% Próxima:Prices swing in March, but drops prevail; liquidity continues low in BR