巴西棉花价格在7月后二周开始活跃
Brazilian cotton prices perk up in second fortnight of July06
After declining in the first fortnight of July, Brazilian cotton prices started regaining lost ground and started increasing in the second fortnight of July.
Cotton availability in the spot market fell in mid-July, although harvesting of the 2015/16 crop was steady and firm, thereby pushing up cotton prices.
“Keeping an eye on international price rises, Brazilian cotton sellers pushed for quicker deliveries in the domestic market, leading to a quickening of pace in cotton trades,” CEPEA said in a report.
Although textile mills were slower in purchasing in late July, Brazilian traders ensured higher liquidity and stability to prices.
In the second fortnight of July, traders searched for batches to accomplish contracts for prompt-delivery, while processors were cautious about buying new batches, concerned with the prices.
Brazilian cotton growers continued harvesting and processing cotton from the new crop, but a lack of rains in some producing regions, resulted in a production break, a scenario that concerned growers.
Between June 30 and July 29, the CEPEA/ESALQ Index, with payment in 8 days, for cotton type 41-4, delivered in São Paulo, dropped 1 per cent, closing at BRL 2.63 or $0.8123 per pound on July 29.
译文如下：
在7月前两周下跌后,巴西棉花价格开始收复失地,在7月后两周开始增加。
在7月中旬棉花在现货市场可用,尽管2015/16作物收货稳定以及坚挺,从而推高了棉花价格。
“密切关注国际价格上涨,巴西棉花卖家推动国内市场更快的交付,导致棉花交易步伐加快,”CEPEA在一份报告中称。
尽管7月末纺织厂采购缓慢，巴西贸易商确保更高的流动性和更稳定的价格。
7月第二周,交易员们寻找批次交货及时完成合同,而处理者则谨慎购买新的批次,他们关心价格。
巴西棉花种植者继续从新的作物收获和加工棉花,但一些生产地区缺乏降雨导致生产中断。
6月30日至7月29日期间, 41-4型棉花8天付款，圣保罗交货的CEPEA/ESALQ指数下跌1%,7月29日收于每磅2.63雷亚尔或0.8123美元。