After reaching a new nominal record, the cotton indicator falls

In day 11 of this month, the CEPEA/ESALQ Indicator for cotton lint, with payment in 8 days, it reached R$6 per pound for the first time, but, since then, it started to fall consecutively – closing at R$ 5,9520/lp in this Tuesday, the 19th, a decrease of 0,7% compared to the 13th.

Second Cepea researchers, the pressure came from the falls in international values ​​and export parity and also the reduction in domestic demand. Part of Brazilian sellers remain firm in their asking prices, but some reach give in, especially those who need to save money.

Industries active companies, in turn, concerned with the pass-through of raw material prices, offer even lower prices. However, despite recent declines, the The indicator still records an increase of 5% in October (until the 19th).

In addition Furthermore, the monthly average of R$ 5,9012/lp is a nominal record, and in real terms, the highest since April/11 (R$ 8,2360/lp) – values ​​deflated by the IGP-DI of Sep/21.