Home / Knowledge / News / Textiles / Cotton maintains calmness during Christmas holidays
Cotton maintains calmness during Christmas holidays
05
Jan '12
Taking a look back at the Bremen CIF index of last year, when the index stood at 192.10 cts/lb. On January 3, 2011, it can be seen that the CIF index has almost halved: Yesterday's index was at 103.20 cts/lb. Futures and pricing have registered a continuous downward trend until Christmas; however, they have increased again since the beginning of the year.

Whether this indicates a general trend reversal is not known. Maybe the developments in coming weeks will point out the direction, when the prospects on the side of the production will become clearer as well. According to reports there has been steady demand from Far East and China. Purchases by China have generally said to stabilize the New York Cotton Futures.

In contrast to last year turnovers appear to develop stable at the most on the domestic market. If nothing else the Christmas holidays have contributed to the calm business during the last reported week.

According to various reports a turnover growth is expected in the textile and apparel industry in 2011, especially for technical textiles. The textile retail, on the other hand, has not met its expectations from the beginning of the year. They are assessing their prospects for 2012 only cautiously optimistic at the time being.

Also from the point of the first processor the order volume showed no fundamental change by the end of the year. Since the pressure on the yarn prices has remained, cautious business activity continued. Any interest mainly concentrated on cotton for prompt delivery.

Contracts were closed for cotton from West Africa, Central Asia and Greece for the 1st quarter 2012 in the medium staple range.

The need for LS/ELS-varieties in the 1st quarter of 2012 was satisfied by Egyptian Giza 86 and Giza 88, Israel Acalpi, Israel Pima and US Pima.

Bremen Cotton Exchange


Must ReadView All

Global economic upswing became broader & stronger: IMF

Textiles | On 19th Apr 2018

Global economic upswing became broader & stronger: IMF

The global economic upswing that began around mid-2016 has become...

Courtesy: ITMA

Textiles | On 19th Apr 2018

ITMA 2019 expanding space due to overwhelming response

Due to overwhelming response, the exhibition space has been increased ...

BIDA’s Europe trip to showcase a different Bangladesh

Apparel/Garments | On 19th Apr 2018

BIDA’s Europe trip to showcase a different Bangladesh

The Bangladesh Investment Development Authority (BIDA) is taking a...

Interviews View All

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


April 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search