Brazil Cotton Prices Edge Up 1.7% as January Exports Drop 23.8%

Brazil’s cotton prices remained range-bound in early February at BRL 3.51–3.54 per pound (~$0.67), with the CEPEA/ESALQ Index rising 1.7% to BRL 3.5345 per pound on February 12 amid weak domestic liquidity.

Export parity (FAS) declined 2.9% to BRL 3.2685/lb (~$0.6300) at Santos and BRL 3.2790/lb (~$0.6320) at Paranaguá, while the Cotlook A Index fell 1.56% to $0.7280/lb.

The US dollar eased 1.31% to BRL 5.188, its lowest nominal level since May 28, 2024, pressuring Brazil’s export competitiveness.

Planting of the 2025–26 crop reached 89.19% by February 5, showing steady progress.

January 2026 cotton exports totalled 316.86 thousand tons, down 30% from December and 23.8% below 415.6 thousand tons a year earlier, while August 2025–January 2026 shipments stood at 1.72 million tons.