2016年1月至11月，巴西棉花出口总量同比上涨7.1%

Brazilian cotton prices up 7.1 % between January and November 2016

Following a 35 per cent increase in cotton prices in 2015, Brazilian cotton prices continued to rise in 2016, in which they grew 22.6 per cent over 2015. Cotton prices were primarily driven by low cotton supply in the local market from an unexpected crop failure in the 2015-16 season, while firm demand also pushed up quotes in the last four months.

In 2016, the highest monthly average for the CEPEA/ESALQ Index, with payment in 8 days, for cotton type 41-4, delivered in São Paulo was BRL 2.7405 or $0.7742 per pound in May, and the lowest at BRL 2.5023 or $0.7677 was observed in September.

According to data from the Brazilian Commodity Exchange (BBM), 71.7 per cent of the 2015/16 Brazilian cotton crop, estimated at 1.3 million tons, had been traded until December, of which 51 per cent was sold in the domestic market and the rest in the international market.

Quoting data from the Foreign Trade Secretariat (SECEX), between January and November 2016, 732,700 tons of cotton was exported, an increase of 7.1 per cent compared to the overall volume shipped in the whole of 2015. However, export revenue dropped 14.6 per cent year on year in dollar terms to $1.1 billion. (AR)

译文如下：

2016年1月至11月，巴西棉花出口总量同比上涨7.1%

继2015年棉花价格上涨35%之后，2016年巴西棉花价格持续上升，较2015年同期同比上涨22.6%。2015/16年度由于当地市场作物歉收，供应量较低，使得棉花价格一路飙升，过去四个月内棉花价格也一路坚挺。

2016年，41-4类型棉花的CEPEA/ESALQ指数（在圣保罗交货，8天付款期）高出以往每月的平均值，5月份该指数价格高达2.7405雷亚尔或0.7742美元每磅，9月份最低价格为2.5023雷亚尔或0.7677美元每磅。

据巴西商品交易所的数据显示，2015/16年度巴西棉花交易总量估计为130万吨，占比71.7%，其中51%的棉花作物在国内市场上销售，剩余的用于国际贸易。

据巴西外贸部数据显示，2016年1月至11月，棉花出口总量为732700吨，同比增长7.1%。然而，以美元计算的棉花出口收入同比下降14.6%至11亿美元。

(编译：杨朝霞)