Cepea, February 19, 2021 – Cotton prices continued to set new nominal records in the Brazilian market in the first fortnight of February, however, the upward trend of prices weakened in the second week of the month, since the gap between domestic prices and the export parity widened, driving purchasers away from the national spot market and making sellers slightly more willing to lower asking prices, even those focused on the accomplishment of contracts to the international market.
Prices rose more sharply in the first weeks of 2021, when international quotes were on the rise and purchasers were more interested in closing deals. In the second semester of 2020, the CEPE
Fonte: CEPEA
