Fashion
Brazil cotton sales pick up; ICAC sees higher 2025/26 output
Liquidity in Brazil’s domestic cotton market increased in mid-August, with more trades of term contracts as both buyers and sellers sought to close deals. Prices eased slightly due to lower export parity, returning to levels last seen in May 2024, making domestic sales more attractive, according to Centre for Advanced Studies on Applied Economics (CEPEA).
Brazil’s cotton market saw higher liquidity in mid-August as prices eased to May levels, boosting domestic sales.
The CEPEA/ESALQ Index fell 2.9 per cent to BRL 4.0140/lb by Aug 15.
Harvest progress lagged, with 33.56 per cent complete by Aug 7, below averages.
Globally, ICAC projects 2025/26 output at 25.91m tons, up 1.55 per cent, with consumption at 25.56m tons, slightly below supply.
The CEPEA/ESALQ Index (payment in 8 days) dropped 2.9 per cent between July 31 and August 15, closing at BRL 4.0140 per pound on August 15.
According to Abrapa, 33.56 per cent of Brazil’s 2024/25 cotton crop had been harvested by August 7. In Mato Grosso, the country’s top producer, the harvest reached 27 per cent, while in Bahia it stood at 40.56 per cent, CEPEA said in its latest fortnightly report on the Brazilian cotton market.
Conab data showed 29.7 per cent of the national crop was harvested by August 2, lagging behind 36.7 per cent a year earlier and the five-year average of 46.1 per cent. In Mato Grosso, 20.9 per cent was harvested, well below the 31.8 per cent recorded last year and the 41.4 per cent five-year average.
Globally, the International Cotton Advisory Committee (ICAC) projects cotton acreage in 2025/26 at 31.3 million hectares, with average yields of 827 kilos per hectare. World production is expected to reach 25.912 million tons, a 1.55 per cent increase from the previous season.
Consumption is estimated at 25.564 million tons, 0.26 per cent higher than in 2024/25, though still 1.34 per cent lower than global supply.
Fibre2Fashion News Desk (HU)
CCPIT has approved 119 activities for Chinese enterprises to participate in US-based exhibitions this year; 30 are over by February, CCPIT spokesperson Wang Wenshuai told in a press conference.
It will also utilise its dedicated working group for foreign-funded enterprises, ensuring that the reasonable demands of US-funded enterprises are met, Wang was cited as saying by a state-controlled media outlet.
The China Council for the Promotion of International Trade will facilitate exchanges and collaboration between Chinese and US firms in investment, trade and technology.
It has approved 119 activities for Chinese enterprises to participate in US-based exhibitions this year; 30 are over by February.
It will also utilise its dedicated working group for foreign-funded enterprises to address US firms’ demand.
CCPIT will use events like the Asia-Pacific Economic Co-operation CEO Summit and the B20 business activities during the December G20 Leaders’ Summit as an opportunity to work with all parties, including the US business community, to build consensus, deepen co-operation and promote inclusive, strong and sustainable growth of the Asia-Pacific and global economies, Wang added.
Fibre2Fashion News Desk (DS)
The package establishes a modern framework for both sides, enabling frictionless access to a market of 460 million consumers in key sectors, delivering economic benefits to both parties.
European Commission President Ursula von der Leyen and Swiss President Guy Parmelin yesterday signed a broad package of agreements aimed at deepening and expanding EU-Switzerland ties.
By aligning standards and rules in closely integrated areas, it will provide legal certainty, simplify trade in goods like medical devices and food products, and ease cross-border supply for businesses on both sides.
By aligning standards and rules in closely integrated areas, it will provide legal certainty, simplify trade in goods like medical devices and food products, and ease cross-border supply for businesses on both sides of the border.
Additionally, it will ensure more consistent rules for individuals who live, work or study across the EU-Swiss border. Switzerland will contribute to the development of legislation in the areas covered by the package and will have the opportunity to influence these rules as they are being designed.
“By modernising and deepening our ties across key sectors, from trade and transport to health and energy—we are strengthening legal certainty, fostering innovation and creating new opportunities for our citizens and businesses,” von der Leyen said in a release from the Commission.
The package includes updates to four already existing agreements, which already give Switzerland access to the EU internal market, regarding air transport, land transport, the free movement of persons and mutual recognition of conformity assessment.
New agreements on food safety, electricity, health and Switzerland’s participation in the EU Agency for the Space Programme were signed. A new agreement introduced a permanent and fair financial contribution by Switzerland to economic and social cohesion within the EU.
Apart from a protocol on parliamentary cooperation, the package includes also a joint declaration on the establishment of a high-level dialogue on the broad bilateral package.
Fibre2Fashion News Desk (DS)
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