Cotton lint prices are on the rise in July and have already recovered the lows seen in the previous month, as shown by data from Cepea. The CEPEA/ESALQ Indicator, with payment in 8 days, rose 7,46% in July, closing at R$ 5,0414/lp on Tuesday, 13th – in June, the decline had been 7%.
Despite the harvesting of the new crop having started in Brazil, the supply of lint in the national spot is still low, a context that has given a boost to values. Furthermore, a significant percentage of production is already committed, especially for export.