Cotton indicator exceeds R$ 7,6/lp

The increase is linked to the firm position of sellers, who remain attentive to the strong advances in external prices, the dollar against the Real and export parity

04.05.2022 | 14:22 (UTC -3)
Cepea
The increase is linked to the firm position of sellers, who remain attentive to the strong advances in external prices, the dollar against the Real and export parity. - Photo: Wenderson Araujo/CNA
The increase is linked to the firm position of sellers, who remain attentive to the strong advances in external prices, the dollar against the Real and export parity. - Photo: Wenderson Araujo/CNA

The CEPEA/ESALQ indicator for cotton lint (payment in eight days) closed above R$ 7,6/pound this Tuesday, 3rd. According to Cepea researchers, the increase is linked to the firm position of sellers , who remain attentive to the strong advances in external prices, the dollar against the Real and export parity.

Buyers with immediate needs, in turn, end up giving in to higher prices. Between April 26th and May 3rd, the CEPEA/ESALQ Indicator rose 5,94%, closing at R$ 7,6459/pound this Tuesday, 3rd, renewing the nominal maximum of the Cepea historical series (started in 1996) – in April, the increase was 1,71%. 

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