From the whole month, cotton prices rose slightly. The 41-4 Cotton CEPEA/ESALQ Index (Sao Paulo City's payment within 8 days) increased by 0.86% (from October 31st to November 30th) in November, and closed at R$1.6906, or 0.9345 USD/lb on November 30th. .
According to a survey conducted by the Center for Applied Advanced Economics (CEPEA), prices have dropped significantly this year, and low liquidity and high ending stocks may not be conducive to Brazil's cotton planting next year. On the other hand, falling corn prices (cotton's competing crops) may be conducive to cotton cultivation.
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