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Global designers to exhibit at Luxury Br…

Designers from Europe, Middle East and North America will exhibit at the upcoming Luxury Brands Carpet Show. The second edition of the curated Luxury Brands exhibition and designer carpet collection is scheduled to...

H&M to dress Swedish teams for Olymp…

Hennes and Mauritz Group (H&M) will dress the Swedish teams for the Winter Olympics and Paralympics in PyeongChang 2018. The company will create outfits for the opening and closing ceremonies. The collection will...

Saurer to show Allma TechnoCorder TC2 at…

Saurer Technologies GmbH & Co. KG Twisting Solutions, a leading provider of energy efficient solutions for tire cord, carpet, staple, glass filament, and industrial yarns, will present its Allma TechnoCorder TC2 innovative machine...

Cone Denim and Unifi launch S Gene with …

Cone Denim and Unifi have launched the latest in advanced stretch technology - S Gene with Repreve . Combining the advanced stretch technology of S Gene with the superior sustainability and performance of...

Shima Seiki to partake in Premiere Visio…

Leading computerised knitting machine developer, Shima Seiki Mfg., Ltd., is set to participate at the Premiere Vision show, a global event for fashion professionals, to be held in Paris, from February 13 to 15, 2018...

Measurably more productive and econom- i…

Even if the winding machine is only responsible for about 10-15% of the energy consumption (compressed air and electrical energy) when considering the classic ring spinning process, these criteria play an important role...

Wool to dominate at Intertextile Shangha…

Some 3,300 exhibitors from around 20 countries covering all apparel fabrics and accessories product groups are expected at the Spring Edition of the industry’s most comprehensive sourcing platform for the spring/summer season, Intertextile...

Global Trade of Home Textiles to touch U…

Home textiles, a major segment of overall textile industry, offers a wide range of categories such as furnishing fabrics, curtains, carpets, table covers, kitchen accessories, made-ups, bedspreads, bath linen, and other home furnishings...

Brazilian cotton prices down from weakening demand


(Brazil)

Weakening demand from cotton spinning mills in early October, led to cotton prices, resuming moving down in the Brazilian market.

Spinners are offering lower prices than those quoted by sellers, for even high-quality cotton, while also complaining about low quality of 2013/14 cotton crop available in the market.

A few cotton purchasers also refrained from buying, quoting slow movement of yarn sales, despite which, the yarn market has registered higher liquidity this month compared to the previous month.

Cotton producers are only focussing on delivering cotton contracted in earlier days. Some of them expect price rises in the off-season period, mainly for high-quality batches.

The CEPEA/ESALQ Index for cotton type 41-4 closed at 1.6606 BRL (0.6811 dollar) per pound on October 15, down 0.66% in the first fortnight of October.

Between October 13 and 17, the Cotlook A Index moved down 0.62% compared to the previous week ending Oct 10. In the same period, the dollar average increased 0.93%.

The export parity calculated by Cepea FAS (Free Alongside Ship) Paranaguá port averaged 1.4538 BRL per pound, up 0.32% compared to the previous week.

The import parity released by Conab, based on the Cotlook A Index, averaged 2.0327 reais per pound from October 13-17, up 0.54% from its previous week at a dollar average of 2.4311 BRL.

In its latest report, USDA raised the October estimate for India, China and Pakistan and reduced the forecast for the US and Brazil for the 2014/15 season.

Overall, USDA projected the 2014/15 cotton output at roughly 26 million tons, a rise of 1.1% from data released in September. (AR)


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