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Liquidity is low and quotes drop in Brazil

Cepea, February 5 2019 – The trading pace for cotton was slow in Brazil in January. Purchasers claimed difficulties to close new deals, since there were different types of cotton in the batches supplied, but at a single bidding price. As the exports pace has been firm this season (shipments may have surpassed 120 thousand tons in January, according to Secex), higher quality cotton ended up sold to the international market
Fonte: CEPEA



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