Cepea, March 2, 2021 – Cotton prices increased in the Brazilian market in February, boosted by international valuations and the fast exports pace. Besides, with the large amount of the current season already sold and the uncertainties about the size of the new crop, sellers left the market, helping to push up quotes in Brazil.
Purchasers were concerned about passing on cotton valuations to its by-products and, thus, were trying to extend the term of payment
Fonte: CEPEA