Home / Knowledge / News / Textiles / Cotton market boosted by attractive price level
Cotton market boosted by attractive price level
08
Jun '12
Bremen CIF Index reports that the New York Cotton Futures for July have dropped again by 4 cents since last week's report arriving at the level of November 2009; however on Wednesday the futures rose by 3 cents again. Expecting further steps in solving the Euro-crisis, prices for other raw materials rapidly increased as well; yet the cotton market obviously boosted by an attractive price level for satisfying short-positions.

On the local market prices for cotton available from the origin for near dates as well as demanded varieties showed a firmer tendency than the New York Cotton Futures. Despite a stronger US-dollar the price level was sufficiently interesting for several processors to start enquiries and in the end purchase quantities exceeding the satisfaction of short-term demand.

A large range of proveniences interesting regarding to price as well as quality was contracted. The purchase of ELS-/LS-cotton was predominantly focussed on delivery in June. The continuous trend to the short-term satisfaction of demand was supported by the common uncertainty concerning future price and economic developments.

Reports informing that the apparel industry tends to change its collections faster and to produce lower stocks probably add to this uncertainty.

The following turnovers were reported from the medium staple range: USA California Acala sgd. for near dates, West Africa for the 3rd and 4th quarter 2012, Paraguay for the 3rd quarter 2012 as well as Greece and Spain for the 4th quarter 2012.

Sudan Barakat, Giza 86, Giza 88, Israel Pima and Spain were traded for the 2nd quarter 2012 in the ELS-/LS-range. USA California Ultima rgd. was ordered for the 2nd and 3rd quarter 2012.

Bremen CIF Index


Must ReadView All

Israeli minister announces tax cuts on consumer goods

Apparel/Garments | On 14th Dec 2017

Israeli minister announces tax cuts on consumer goods

The Israeli Government will slash taxes by $227 million, finance...

Courtesy: Kelvin Techstyles

Apparel/Garments | On 14th Dec 2017

Kelvin Techstyles fuses style and function in city apparel

Fusing style and function in outdoor clothing, Roseville,...

India’s WPI inflation for textiles up 0.3% in Nov 2017

Textiles | On 14th Dec 2017

India’s WPI inflation for textiles up 0.3% in Nov 2017

India’s annual rate of inflation, based on monthly wholesale price...

Interviews View All

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Suresh Patel
Sidwin Fabric

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

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Silvia Venturini Fendi
Fendi s.r.l

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

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

December 2017

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
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

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
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

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
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

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
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


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