Fok Michel.
2001. Get more from information on marketed cotton prices.
In : The inter - regional cooperative research network on cotton. Proceedings : A joint workshop and meeting of the all working groups, 20-24 September 2000, Adana, Turkey. Gençer O. (ed.), Derici M.R. (ed.), Göktepe F. (ed.). FAO, Cotton Research and Application Centre
Résumé : In the area of international trading, it is unrealistic to expect a great transparency and a wide diffusion about the actual prices that conclude the international trade on a specific product. Information asymmetry is the rule between seller and buyer; any initiative from one country to deliver information on the trading of its product encompasses a risk of undesirable effects against its own interest. From this point of view, it seems fundamentally contradictory to hear people advocating for the use of modern risk management tools in the exportation of agricultural product while calling in the same time for such management transparency. Cotton trading is not different in the sense that there is no diffusion on actual trading prices, however we have some indication from information delivered weekly by Cotton Outlook for a long time. The A index of this organism is established from 1966 onwards and it performs as a reference basis in the determination of the price to be paid to cotton producers where such determination still exists. This index is an average of the prices from 5 growths of cotton with the lowest levels, among a basket of 15 cotton growths, Middling, 1"3/32. It i's worthwhile to notice that prices taken into account are those provided by cotton offers, and therefore they may be slightly higher that the actual prices after bargaining with buyers.
Mots-clés Agrovoc : prix, marché, information sur le marché
Classification Agris : E71 - Commerce international
Auteurs et affiliations
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Fok Michel, CIRAD-CA-COTON (FRA)
ORCID: 0000-0001-8709-5687
Autres liens de la publication
Source : Cirad - Agritrop (https://agritrop.cirad.fr/486256/)
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