RIO DE JANEIRO, BRAZIL - Brazil's cotton exports reached 115,243 tons in May, up 66% year-on-year and a new record for the month, amid strong Chinese demand for the Brazilian lint, reported the Brazilian Association of Cotton Producers (ABRAPA) on Thursday.
According to ABRAPA, the May shipments led the accumulated of the 2020/21 season to outperform the entire preceding cycle before the current crop year ends (in June), with China importing more than the annual Brazilian consumption in the period.
According to the Ministry of Economy's foreign trade system data compiled by the association, shipments . . .