With a more flexible producer, cotton prices fall

The pace of negotiations is slow at the beginning of December and the price is falling

09.12.2020 | 20:59 (UTC -3)
Cepea

Against of the recent drops in the dollar against the Real, some of the sellers were more flexible in the values ​​requested for cotton lint in the Brazilian market. At the However, many industries consulted by Cepea are withdrawn and without interest in purchases this year – those that require feathers only purchase small volumes.

In that scenario, the pace of negotiations is slow at the beginning of December and the price, Fall. Between November 30th and December 8th, the cotton lint indicator CEPEA/ESALQ, with payment in 8 days, fell by 3,97%, to R$3,8436/lp this Tuesday, the 8th.

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