The CEPEA/ESALQ Index for cotton type 41-4 closed at 1.6582 BRL or 0.6392 dollar per pound on November 14, stable compared to October 31, says the latest CEPEA fortnightly report.
The report also reveals that cotton quotes in the Brazilian market have stayed around 1.65 BRL per pound since late October.Industries that need to rebuild stocks are generating demand, but require quality and are trying to extend due dates.“However, the gap between asking and bidding prices and the quality of batches