Brazilian cotton exports surge to record levels in January
Brazilian cotton exports hit record highs in January, with shipments reaching 415.6 thousand tons and revenue exceeding BRL 4.2 billion (~$733 million). Despite a drop in USD prices, local currency values rose. Domestic trading remained slow, while 82.66 per cent of the 2024-25 crop was planted. Global cotton output is forecast to rise 5.91 per cent to 25.548 million tons, per ICAC.
Brazilian cotton exports hit record highs in January, with shipments reaching 415.6 thousand tons and revenue exceeding BRL 4.2 billion (~$733 million).
Despite a drop in USD prices, local currency values rose.
Domestic trading remained slow, while 82.66 per cent of the 2024-25 crop was planted.
Global cotton output is forecast to rise 5.91 per cent to 25.548 million tons, per ICAC.
