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Index remains at high levels in 2018

Cepea, January 4 2019 – With low domestic inventories, positive exports parity and truckers’ strike in May, Brazilian cotton prices remained at high levels in 2018, mainly in the first semester. The good exports performance in the 2016/17 season – which limited the domestic supply in 2018 –, high international prices and the US dollar appreciation against Real also influenced cotton price rises in the first half of the year. In the second semester, however, cotton quotes dropped, pressed down by the arrival of some batches from the new season (2017/18) at the market and the weak performance of byproducts sales in the Brazilian market
Fonte: CEPEA



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