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.
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.