Cepea, December 3, 2025 – After reaching high levels in May, cotton prices have been decreasing for six consecutive months. In November, the CEPEA/ESALQ Index (payment in 8 days) dropped to the lowest level since September 2009, in real terms (IGP-DI October/25).
The downward trend reflects higher national supply, limited demand in Brazil and lower international quotations
Fonte: CEPEA
