November 14, 2019

were offering only batches of low quality

At the end of the month, cotton quotes continued to increase in the Brazilian market, still influenced by firm demand from the industry. Moreover, liquidity was good in the period. However, the interest was only in small volumes, while purchasers were evaluating whether prices will remain firm.

Exports moved at a slow pace in January, which would indicate availability in the domestic market. However, price recovery in the international market in late January, due to the good demand for the product from the USA and India, may lead Brazilian sellers Polyester Film Fiber Yarn Suppliers to continue firm.

In Brazil, consecutive price Wool Mixed Yarn Manufacturers highs were leading the industry to refrain from trading. In late January, some processors preferred to reduce production to ensure stocks until the new cotton crop.Producers, in turn, continue firm regarding asking prices, and, in some cases, they show no interest in selling. Players from Mato Grosso State, for example, were selling soybean as an alternative to make cash flow, reducing the need to sell cotton. 

Moreover, expecting new price rises, producers postpone trades of the high-quality cotton to obtain better prices. In general, they were offering only batches of low quality cotton.In January, the  Index for cotton type  delivered in Satilde;o Paulo city, payment in 8 days) increased 15.86 and closed at  dollar per pound on Jan. Center for Advanced Studies on Applied Economics.

Posted by: xedyarns at 02:03 AM | No Comments | Add Comment
Post contains 238 words, total size 2 kb.




What colour is a green orange?




10kb generated in CPU 0.0069, elapsed 0.018 seconds.
35 queries taking 0.014 seconds, 47 records returned.
Powered by Minx 1.1.6c-pink.