The USDA forecasted – taking into account regional differences – a large production quantity, moderately growing consumption and consequently a record stocking level.
Hence the ICE-futures dropped back to the level of the previous week and the CIF Bremen Index decreased by about 300 points as well.
The price level achieved on the local market seemed to be interesting enough for some cotton processing companies to close contracts despite the continuing company holidays.
In the medium staple range contracts were closed for Central Asian descriptions for prompt delivery and West African cotton for prompt as well as the 1st quarter 2013.
In the long and extra-long staple segment prompt delivery was agreed upon Giza 86, Giza 88, Israel Pima and US Pima.
Bremen CIF Index
Textiles | On 24th Apr 2018
The value of textile and garment exports from Pakistan increased by...
Apparel/Garments | On 24th Apr 2018
On the 5th anniversary of the Rana Plaza Collapse, The Alliance for...
Textiles | On 24th Apr 2018
China’s Alibaba Group recently signed an agreement with the Thai...
Manuj Terapanthi
Texaura
Transparent supply chain and fair trade will boost sustainable market
C Kamatchisundaram
Voltas
ITME is an occasion not only to receive new leads but also to work on...
Pinkesh Jain
Everflow Petrofils Ltd
‘An innovative technology which India needs desperately is the...
Suresh Patel
Sidwin Fabric
Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...
Steve Cole
Xerium Technologies
Steve Cole of Xerium Technologies discusses the industry. Xerium is the...
Lynda Kelly
Suominen Corporation
Suominen Corporation is a manufacturer of nonwovens as roll goods for...
Karan Arora
Karan Arora
Bridal couture created with rich Indian heritage, exquisite craftsmanship...
Judy Frater
Somaiya Kala Vidya
Among the many honours showered on Frater, including Fulbright and Ford...
Adriano Goldschmied
AG Jeans
The hype around 'designer jeans' was created by him. And the new wave of...
Do you think the sustainability space has the needed tools and resources available for a business to lead change?
Yes No SkipActive Poll
Do you see sustainability as a route to business growth?
YesTotal Votes: 103
Do you think adopting a sustainable approach will be a profitable move for your business?
Yes No SkipActive Poll
Do you think the sustainability space has the needed tools and resources available for a business to lead change?
YesTotal Votes: 103
Do you want the world to know about your sustainability journey and your business’ environmental footprint?
Yes No SkipActive Poll
Do you think adopting a sustainable approach will be a profitable move for your business?
YesTotal 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?
YesTotal Votes: 103