Home / Knowledge / News / Textiles / Cotton demand indicates economic revival in US - Bremen
Cotton demand indicates economic revival in US - Bremen
27
Jan '12
Bremen Cotton Exchange released cotton market report for this week. In contrast to the previous week, the New York Cotton Futures have had a quite continuous upward tendency. Market participants of the financial sector seem to have been more active; possibly due to the expectation that the gap between large production and small consumption which had been forecasted for this season could possibly narrow earlier than assumed.

On the supply side this attitude was nurtured by consolidating rumours about smaller crops in India and China, expected reductions in cotton planting regions of the Northern Hemisphere as well as nebulosity concerning Texas farmer aims. On the demand side there were signs for an economic revival in the USA and the general impression that Far East markets were busier.

The Chinese National Reserve has constantly bought US-cotton constituting their contribution to support the prices. Searching for an adequate offer increased price enquiries of the spinning industries were registered on the local market, too. Nevertheless the turnover has basically not changed.

In the medium staple range contracts were closed for cotton from Central Asia for delivery prompt up to the 2nd quarter 2012, West Africa for prompt and the 1st quarter 2012, Brazil for prompt and India for the 1st quarter 2012.

US California Acala and Israel Pima were ordered for prompt delivery in the LS/ELS range.

Bremen Cotton Market

Must ReadView All

Courtesy: Li & Fung

Textiles | On 29th Mar 2017

Li & Fung introduces new 3-year plan 2017-2019

Li & Fung Limited has outlined its next Three-Year Plan (2017-2019)...

Courtesy: Carrington

Apparel/Garments | On 29th Mar 2017

Carrington Workwear signs JV with TMG Textiles

Carrington Workwear, one of the largest producers of workwear fabrics ...

Apparel/Garments | On 29th Mar 2017

Jabong launches Aeropostale on its platform

Jabong has added leading American high-street fashionwear brand,...

Interviews View All

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Priyanka
Studio Priyanka Rajiv

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

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Eamonn Tighe
Nature Works LLC

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Igor Chapurin
Chapurin

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search