Bremen cotton market witnesses retrained demand

Most spinning industries seemed to have enough cotton until their holidays at least since inquiries have rather aimed at the 1^st and 2nd quarter 2014.

The price development in New York aroused uncertainties respectively restraint at the spinning industries and led to diverging price ideas in the Upland-range. In the ELS-range, where demand was slightly more stable, an agreement on prices was more easily struck in general.

Contracts were concluded for:

Medium staple cotton: West Africa and Central Asia for prompt up to the 1st quarter 2014, West Africa for the beginning of the 2nd quarter 2014 as well.

Long and Extra-Long staple cotton: US Pima for prompt up to the 1st quarter 2014.

Bremen Cotton Market