Cepea, August 18, 2020 – In the first fortnight of August, Brazilian cotton prices returned to the nominal levels registered in December 2018. In general, prices were underpinned by supply in the domestic market, which is currently lower than demand.
Although the harvesting of the 2019/20 cotton crop is advancing in Brazil (production may hit a record), sellers were unwilling to lower asking prices in the first half of the month
Fonte: CEPEA
