Bremen CIF Index reports that the slight price increase from last week came to a halt again during the reported week. Price-raising influences just like prices of competing crops as well as the adjustment of positions of market participants were curbed by the development at the real market.All indices moved at a stable level within a more limited range. At the local market the formation of larger positions was avoided as before during preceding weeks. The major interest concentrated on the satisfaction of immediate demand.
A number of enquiries were registered; however, they mostly did not lead to the closure of contracts, but rather served as orientation concerning the price development. Selected qualities still found their purchasers. A wait-and-see-attitude was mainly predominating.
Bremen CIF Index reports that the slight price increase from last week came to a halt again during the reported week. Price-raising #
The following contracts were closed:
- In the medium staple range: Cotton from Central Asia for delivery prompt as well as the 3rd and 4th quarter 2012 and Israel Acala for prompt and the 1st quarter 2013.
- In the extra-long staple range: Israel Pima for delivery prompt up to the 1st quarter 2013 and Israel Acalpi for the 4th quarter 2012 and the 1st quarter 2013.
Bremen CIF Index