Brazilian cotton exports hit record highs in January, with shipments reaching 415.6 thousand tons and revenue exceeding BRL 4.2 billion (~$733 million).
Despite a drop in USD prices, local currency values rose.
Domestic trading remained slow, while 82.66 per cent of the 2024-25 crop was planted.
Global cotton output is forecast to rise 5.91 per cent to 25.548 million tons, per ICAC.
Despite a drop in USD prices, local currency values rose.
Domestic trading remained slow, while 82.66 per cent of the 2024-25 crop was planted.
Global cotton output is forecast to rise 5.91 per cent to 25.548 million tons, per ICAC.
