随着全球棉价下降,巴西棉花报价下跌
Brazilian cotton quotes drop from decline in global prices
The first fortnight of August 2016 witnessed a decline in Brazilian cotton quotes, following the sharp drop in international cotton prices.
“Brazilian cotton purchasers taking advantage of the movement, bought new batches for prompt delivery, which in turn hiked the pace of cotton trades,” CEPEA said.
However, cotton growers continued to stay firm on their asking prices, keeping in mind the low cotton production amid urge to accomplish contracts by sellers.
Quoting data from the Brazilian Commodity Exchange, CEPEA added that 73.4 per cent crop of the 2014/15 season, estimated at 1.563 million tons might have already been traded until August 15.
Of this total, 50.6 per cent was sold in the domestic market and the rest in the international market.
Between July 29 and August 15, the CEPEA/ESALQ Index, with payment in 8 days, for cotton type 41-4, delivered in São Paulo, dropped 3.07 per cent, closing at BRL 2.5687 or $0.81 per pound on August 15.
However, the average for the reporting fortnight at BRL 2.6301 or $0.82 per pound was still 1.26 per cent higher than that seen for July 2016.
译文如下:
随着全球棉价下降,巴西棉花报价下跌
在国际棉花价格大幅下跌之后,2016年8月的前两周见证了巴西棉花报价的下降。
“巴西棉花购买者利用运动,购买了新的交货及时的批次,进而提高棉花交易的步伐,”CEPEA说。
然而,棉花种植者继续使他们的要价保持坚挺,记住低棉花生产来迫使卖方完成合同。
引用巴西商品交易所的数据,CEPEA补充说2014-2015棉季的73.4%,估计到8月15日已经交易156.3万吨。
其中,50.6%是在国内市场销售,其余的在国际市场上销售。
7月29日至8月15日, 41-4型棉花8天付款圣保罗交货的CEPEA/ESALQ指数下跌3.07%,在8月15日收于每磅2.5687雷亚尔或0.81美元。
然而,报告前两周平均为每磅2.6301雷亚尔或0.82美元,仍比2016年7月高1.26%。