Brazil’s domestic cotton prices have firmed in late January as buyers accepted higher offers and sellers held quotations, lifting spot deals above export parity despite weaker global prices and a softer US dollar.
Liquidity stayed thin as farmers focused on cotton planting and soy harvesting.
For the month, the CEPEA/ESALQ Index eased 0.31 per cent, while FAS export parity fell 2.59 per cent.