Brazil cotton prices rose for a fourth straight month in May as growers held remaining 2024-25 stocks and strong exports absorbed surplus supplies, according to CEPEA.
The CEPEA/ESALQ Index gained 3.31 per cent during the month.
Meanwhile, ICAC lowered its 2026-27 global cotton output forecast and projected Brazil’s cotton area to fall 6 per cent, reducing production by 10 per cent.