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Brazilian cotton prices recovering over harvesting delay due to rains

Related Keywords: Brazilian cotton prices, CEPEA Brazil report, cotton acreage, cotton type, delay in availability of cotton, delay in harvest, driven by increasing need to purchase, in new season, receoving early June

Brazilian cotton prices were recovering in early June driven by increasing need to purchase in the short-term and to the expectation of delay in the availability of cotton in the new season from the 2014/15 crop – due to rains. Purchasers with needs for prompt delivery, such as processors in the northeastern and southern regions, were accepting asking prices of sellers, according to a CEPEA Brazil report.

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