In November, Brazil saw a 3.35 per cent increase in cotton prices, closing at BRL 4.0654 (~$0.67) per pound, driven by strong domestic and international demand and favourable global market conditions, according to the CEPEA/ESALQ index.
Despite a 15.1 per cent decrease in cotton exports compared to last year, the daily export volume surged by 21.3 per cent.