Brazilian cotton prices rise 7.5% in April
Fibre2Fashion Toggle navigation 05 Pic: Shutterstock Between March 31 and April 30, cotton prices in the Brazilian market rose by 7.5 per cent, closing at 5.1702 BRL/pound on April 30, the highest nominal level since March 8. Quotes surpassed 5 BRL per pound in late April, a level that was last observed in early March, according to the Center for Advanced Studies on Applied Economics (CEPEA). The current prices offset the losses registered between the second...
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Source: fibre2fashion.com