Cepea, May 4, 2022 – The CEPEA/ESALQ Index for cotton fluctuated in the Brazilian market in April, due to the wide gap between asking and bidding prices in the spot market. Late in the month, the dispute for price and the national holiday on the 21st (Day of Tiradentes) kept liquidity low in the domestic market.
Aware of the volatility of both cotton prices abroad and the dollar against the Real, Brazilian sellers were either willing to lower asking prices or raising quotations, majorly some trading companies that supply cotton to the domestic market
Fonte: CEPEA
