The Brazilian Cotton Growers Association (Abrapa) is promoting the Cotton Brazil Harvest 2021 Roundtable, an online event aimed at strengthening the country’s economic ties with Indian cotton purchasers.
On June 29th, at 1700 hrs, a webinar will be held. According to a news statement issued here on Monday, the event will be supported by the Brazilian Embassy in India, and the Ambassador, André Correa do Lago, will take part in the programme.
The Cotton Brazil Harvest 2021 Roundtable is aimed at the Indian business community and will provide a forum for producers, mills, agents, and merchants to exchange information.
Those interested can register for the webinar at http:it.ly/CottonBrazil-India. The webinar will concentrate on the forecasts and predictions for the Brazilian cotton harvest in 2021.
Over the previous ten years, India and Brazil have grown their cotton commerce. Brazil is the world’s fourth largest producer of fibre and the world’s second largest exporter. The South American country currently supplies 23% of the global textile industry.
An analysis of the revenue generated by Indian imports of Brazilian cotton, shows there has been a growth of 2,400 per cent between the 2011-12 season, which generated USD 548,000, and the 2020-21 season which generated USD13.7 million.
India purchased 198 tonnes of cotton from Brazil in the 2009-10 season. During the current cycle, from August 2020 to May 2021, the volume increased by more than 4,400%, reaching 9,035 tonnes.
The Cotton Brazil Harvest 2021 Roundtable will have corporate roundtables that are completely digitally adapted. Jlio Busato, President of Abrapa, stated, “We will have current statistics on the progress of Brazil’s harvest, as well as strategic information on quality and technical aspects of the cotton we produce.”
