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2016年3月,巴西棉花交易减缓

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Brazil's cotton business slows down in March 2016

The monthly average of March 2016 of the CEPEA or ESALQ Index for cotton type 41-4 was 4.96 per cent lower at 2.4497 BRL ($0.662) per pound than the average of February, 2016. For exports contracts, according to Cepea collaborators, weak international demand and the drop of export parity were slowing down business.

Cotton prices dropped in the Brazilian market in March. Oscillations in the international cotton prices and dollar drove some sellers out of the market.

Aware of that posture, active cotton growers ended up asking slightly higher prices, even for low-quality batches. Industries, however, were not willing to pay those prices and acquired only small batches for prompt deliveries.

Cotton brokers and merchants purchased and sold cotton with trades already closed. Some bought cotton to accomplish contracts that had been previously closed, while others needed to meet demands from processors.

译文如下:

20163月,巴西棉花交易减缓

20163月,41-4型棉花的CEPEA ESALQ月平均指数较20162月的低4.96%,达2.4497雷亚尔(0.662美元)。出口合同方面,根据Cepea合作者,疲软的国际需求和出口平价的下降正减缓交易。

3月份巴西市场棉花价格下降。国际棉价振荡,美元驱使许多卖家转离市场。

意识到这个形式,积极的棉农结束要求较高的价格,甚至要求低质量的批次。然而行业并不愿意支付这些价格,只有小批量及时交货。

棉花经纪人和商人购买和出售棉花交易已经关闭。一些已经购买了棉花来完成合同的已在之前关闭,而其他的则需要满足处理的要求。

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