In October 2024, cotton prices in Brazil remained lower than international levels due to increased domestic supply from the 2023/24 season.
The CEPEA/ESALQ Cotton Index averaged $0.7060 per pound, 15.9 per cent lower than the Cotlook A Index.
Export volume fell by 26.5 per cent compared to October 2023, despite a 10.25 per cent rise in the daily average of exports to 11.8 thousand tonnes.