Cotton lint prices are on the rise in July

Indicator rises 7,46% this month and recovers June drop

14.07.2021 | 20:59 (UTC -3)
Cepea

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. 

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