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Agents prioritize the accomplishment of contracts and focus on the harvesting

Cepea, August 3, 2021 – Deals were sporadic in the Brazilian market of cotton in late July, only to meet prompt demands from processing plants and/or traders that purchase the product to accomplish contracts. Many agents were focused on the progress of both cotton harvesting and processing, majorly because they have already sold part of the output through term contracts. Thus, these agents were prioritizing the accomplishment of these contracts late in the month
Fonte: CEPEA



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