The Center for Advanced Studies on Applied Economics (CEPEA)/ESALQ cotton Index, with payment in 8 days, dropped 0.35 per cent between January 31 and February 28 to close at 2.9318 BRL per pound at the end of the month. The average price in February was 2.9341 BRL per pound, 0.96 per cent lower comp
Cotton prices in the Brazilian market dropped last month as most of the cotton traded was of lower quality, according to Center for Advanced Studies on Applied Economics (CEPEA). Between December 28 and January 31, the CEPEA/ESALQ cotton Index, with payment in 8 days, dropped 4.03 per cent, closing