Brazilian cotton market dragged down by COVID-19 pandemic

Currently, the number of newly added and confirmed cases of the coronavirus pandemic in Brazil has been the top of the world, and the pandemic development still faces greater challenges due to underestimation of pandemic prevention and control, shortage of medical personnel and materials and social security, and insufficient implementation of prevention and control. Dragged down by the pandemic, with the good cotton production and lower exports, Brazilian cotton market is obviously oversupplied, and cotton prices face large pressure.

1. Brazil suffers huge challenges in face of the pandemic