Cotton prices rise

At the beginning of April, few businesses involving cotton lint have been captured for immediate shipment, according to a Cepea survey. Sellers are firm on asking prices, while buyers remain cautious about increasing the values ​​of their offers.

Of the lots available on the spot, the majority have at least one characteristic (such as color, micronaire, resistance or fiber), which further reinforces the “arm struggle” between the agents consulted by Cepea regarding the price and quality of the feather. Thus, between April 2nd and 9th, the CEPEA/ESALQ cotton lint indicator, with payment in 8 days, registered an increase of 0,07%, closing at R$ 2,9444/pound on Tuesday, 9 .