Cotton indicator reaches new nominal record

Increases were linked to the firmer stance of sellers and the fact that exports were more attractive than the national spot market

10.11.2021 | 15:28 (UTC -3)
Cepea
Increases were linked to the firmer stance of sellers and the fact that exports were more attractive than the national spot market. - Photo: Wenderson Araujo/CNA
Increases were linked to the firmer stance of sellers and the fact that exports were more attractive than the national spot market. - Photo: Wenderson Araujo/CNA

At the last day 8, the CEPEA/ESALQ Indicator for cotton lint, with payment in 8 days, reached a new nominal record in the Cepea historical series, which began in July 1996, closing at R$6,0642/lp. According to Cepea researchers, the increases were linked to the firmer stance of sellers, who are attentive to the external appreciation of the feather and the fact that exports are more attractive than the national spot market.

From the side buyer, the demanders with the greatest need give in, especially to acquire better quality lots. This Tuesday, the 9th, specifically, the CEPEA/ESALQ indicator weakened and closed at R$6,0426/lp.

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