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Brazilian cotton prices up 6% in domestic market due to limited supply

Related Keywords: 10.5 percent larger, area sown with cotton, average productivity, Brazil 2017-18 cotton output, Conab, forecast to reach 1.04 million hectares, good perspectives for Brazilian market, may reach 1.69 million tons, National Company for Food Supply, third crop survey

Brazil’s 2017-18 cotton output may reach 1.69 million tons, 10.5 percent larger than in the previous crop, due to the good perspectives for the Brazilian market, according to third crop survey on December 12 released by the National Company for Food Supply (Conab). As per the survey, the area sown with cotton is forecast to reach 1.04 million hectares, an increase of 11 percent; however, average productivity is expected to be 1,622 kilos per hectare, a slight 0.5 percent down compared to the 2016-17 season.

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