10月巴西棉花价格下跌超过7%_1

Cotton prices dropped in Brazil in October. From September 28 to October 31, the Center for Advanced Studies on Applied Economics (CEPEA)/ESALQ cotton Index, with payment in 8 days, dropped 7.67 p十堰好癫痫病医院er cent, closing at 2.9510 BRL per pound on October 31. The monthly average price, at 3.0750 BRL per pound, was 3.5 per cent lower than in September 2018.
During the month, trading pace was slow in the Brazilian spot market and most deals involved small amounts. Purchasers did not seem very interested in closing new trades, since they expect supply to increase and prices to drop in the coming weeks. Besides, heterogeneous quality among the batches supplied hampered sales in the spot too, CEPEA said in its latest fortnightly report on the cotton market.
Sellers, in turn, lowered asking prices even more, due to the lower quality of the cotton supplied, dollar drops against Real and Futures oscillations at ICE Futures (New York Stock Exchange), the report said.
According to data from the BBM (Brazilian Commodity Exchange) tabulated by CEPEA, 58.5 per cent of the 2017-18 Brazilian crop, estimated at 2.005 million tons, may have been traded until October 30. Of this total, 54.3 per cent was bought for use in the domestic market, 32.7 per cent for export to the international market and 13 per cent was flex contracts (exports 湖北治男性癫痫的医院with an option to the domestic market).
Regarding the 2018-19 crop, data indica开封哪治疗癫痫好te that at least 20 per cent of the output (forecast by Conab at 2.202 million tons, on average) has been traded – 54.9 per cent in the Brazilian market, 17 per cent for exports, and 28.2 per cent for flex contracts. (RKS)
译文如下：
10月巴西棉花价格下跌超过7%
十月，巴西的棉花价格下跌。从9月28日至10月31日，应用经济高级研究中心(CEPEA)/ESALQ棉花指数在8天内下跌7.67%，10月31日收于每磅2.9510 雷亚尔。月平均价格为每磅3.0750 雷亚尔，比2018年9月下降3.5%。
本月，巴西现货市场的交易速度较慢，多数交易涉及小额交易。买家似乎对成交新交易不感兴趣，因为他们预计未来几周供应将增加，价格将下跌。此外，CEPEA在很近一份关于棉花市场的每两周报告中表示，供货批次的质量参差不齐也阻碍了现场销售。
该报告称，由于棉花供应质量下降，卖方进一步降低了要价，美元兑ICE期货和现货价格出现震荡。
根据CEPEA制表的巴西商品交易所(BBM)的数据，在2017-2018年度巴西农作物中，估计有20.05万吨的交易可能一直持续到10月30日。其中54.3%用于国内市场，32.7%用于国际市场出口，13%为弹性合同(可选择向国内市场出售)。
关于2008 -2019年度的产量，数据显示，至少20%的产量(Conab预测平均产量为220.2亿吨)在巴西市场交易，占54.9%，其中出口占17%，弹性合同占28.2%。