纺织网首页 | 搜索 | 产品 | 企业 | 供应 | 求购 | 人才 | 论坛
会员登录  免费注册  新闻订阅  我要投稿
纺织资讯
您的位置:首页 > 信息中心首页 > 正文
【收藏到商务室】

Parity & contracts push up cotton prices in Brazil (Brazil)


http://www.texnet.com.cn  2012-08-22 09:14:04  来源:Center for Advanced Studies on Applied Economics (CEPEA) 收藏
华兴纱管

Center for Advanced Studies on Applied Economics (CEPEA) reported that cotton prices kept the upward trend in the Brazilian market in early August; however, price highs are atypical for this period of the year. Players were expecting a supply increase during this harvesting period, which would press down quotes. However, price increases in the international market, which increase the export parity, and the allocation of cotton from the new season to the accomplishment of contracts have been raising quotes. 

Although export parity is still below domestic prices, producers were limiting batches for trades in the spot market. International prices and the exchange rate have underpinned parity. Cotton growers continued to make cash flow mainly from corn sales, but high prices slowed down the pace of trades for grains in early August. 

Purchasers, who have their inventories replenished, were out of the market. Many of these agents expect lower prices and operate in the market to purchase only small amounts. 
 
The CEPEA/ESALQ Index for cotton type 41-4 (delivered in São Paulo city, payment in 8 days) increased 1.95% in the partial of August (July 31 – August 15) and closed at 1.6139 real or 0.7981 dollar per pound on August 15.
 
According to Conab (National Company for Food Supply), the planted area in the 2011/12 season in Brazil is 1.396 million hectares, 0.3% lower compared to the 2010/11 crop (1.4 million). The production will be 4.7% lower, totaling 1.87 million tons. The average yield may be 1,338 kilos per hectare, 4.4% below that obtained in the previous season.
 
As for shipments, data from Secex (Foreign Trade Secretariat) indicate that Brazil exported 39.8 thousand tons of cotton in July, 5.9% more than in June and 44.2% higher in relation to July 2011. In the partial of 2012, the volume exported is 362.8 thousand tons, against 77.8 thousand in the same period of 2011.
转载本网专稿请注明出处“中国纺织网”
编辑:纺织网
贸易行情论坛】 【打印】 【关闭】 【我要收藏
文章关键词: cotton price 
「相关报道」
更多精彩纺织英文
进入纺织英文>>


免责声明:浙江网盛生意宝股份有限公司对中国纺织网上刊登之所有信息不声明或保证其内容之正确性或可靠性;您于此接受并承认信赖任何信息所生之风险应自行承担。浙江网
盛生意宝股份有限公司,有权但无此义务,改善或更正所刊登信息任何部分之错误或疏失。

站内支持:关于我们 - 服务项目 - 法律声明 - 意见反馈 - 企业邮箱 - 联系我们 - 友情链接 - 纺织数据库 - 快速产品通道 - 外贸助手
兄弟站点:生意宝 - 国贸通 - 中国化工网 - 全球化工网 - 医药网 - 中国服装网 - 机械专家网 - 中国农业网 - 中国蔬菜网 - 浙江都市网 - 中国红娘网 - 南阳商务网
糖酒招商网 - 中国卫浴网 - 中国粮油网 - Global Buyers & Suppliers - ChinaChemNet

中国纺织网 版权所有 1997-2014 浙ICP证:浙B2-20080131
服务热线:0571-88228405