Cepea, June 1st – Cotton prices faded in the Brazilian market in May, influenced by the pressure of purchasers, who bid lower prices for the product in the spot market, claiming low liquidity in the market of finished products. While some sellers agreed to lower asking prices, many farmers did not, staying away from the market. Traders were purchasing cotton to accomplish contracts
Fonte: CEPEA
Purchasers put pressure, and cotton quotes drop in Brazil in May
Redaçãojun 01, 2021
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