Home / Knowledge / News / Textiles / Cotton futures for new season dip sharply
Cotton futures for new season dip sharply
Jul '11
After prices had crashed at the end of the trading month July, the ICE futures for the new season decreased strongly as well.

In general the subsequent reasons were given: Fears of a dropping Chinese import demand, the cancellation of contracts in the USA, high yarn stocks and the crisis of the Euro.

The pressure on the prices was therefore caused by a lack of demand in the first place; perhaps the favourable news from the cotton producing countries contributed to this.

Following this development the prices for nearby deliveries declined comparably arousing limited demand for near dates as well as for the new crop until the new calendar year.

Yet, the unexpected and incalculable development of the New York cotton futures and the beginning of the firm holidays finally led to a wait-and-see attitude of the spinners and pure market observation.

The following medium staple cotton was traded: USA EMOT for prompt delivery. Argentina for prompt and the 2nd quarter 2012. Central Asia for the 3rd quarter 2011. Spain for the 4th quarter 2011. West Africa cotton for delivery in the 4th quarter 2011 and the 2nd quarter 2012.

In the LS/ELS-range, contracts were closed for USA SJV Acala, Israel Acala rgd. and Israel Acalpi for prompt. US Pima was sold for the 3rd quarter 2011.

Bremen Cotton Exchange

Must ReadView All

Textiles | On 27th Oct 2016

Teijin Frontier develops Solotex RC lightweight fibre

Teijin Frontier Co. Ltd, fibre products converting company and part...

Tosha Hays addressing the conference. Courtesy: College of Family and Consumer Sciences, UGA

Textiles | On 27th Oct 2016

Industry experts discuss future of fabrics at UGA

Industry experts, researchers and military officials discussed the...

Textiles | On 27th Oct 2016

Fischer Konzept installs sixth Zünd digital cutter

Fischer Konzept, German developers of individual packaging solutions...

Interviews View All

Rashi Menda

Every fifth sale we make on Zapyle is a repeat purchase

Anshul Sood

‘Indian footwear market is nascent and largely a trend follower’

Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search