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Devaluations abroad and higher domestic supply press down prices

Cepea, September 17th, 2021 – Cotton prices are still fading in Brazil, influenced by the supply increase in the national spot market and devaluations abroad. Still, liquidity was not high in the first fortnight of September, which may be linked to the dollar fluctuation in that period.

 

Purchasers were putting pressure on values, claiming difficulties to pass on to by-products the current high production costs
Fonte: CEPEA



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