In 2024, Cepea researchers noted significant price drops in May, hitting a four-year low in the global cotton market. The Cepea/Esalq index recorded R$ 3.8568 per pound ($0.7320), the lowest since July 2020. A 3.29% decrease since April and a 2.38% drop from March 2023 signaled a major trend influenced by domestic and international dynamics. […]
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