
Brazil’s cotton exports averaged 16,891 tonnes per day during the first four business days of November, down 20.3% from the same period a year earlier, according to Secex data. The average export price increased 12.7% to US$1,793.8 per tonne, but daily export revenue was down 10.1%.
The slower shipment pace points to reduced near-term export availability from Brazil, while the higher unit price partly offsets the effect on export earnings. The figures cover only the opening days of the month, so the price signal is limited.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.