Home / Knowledge / News / Textiles / Bremen Index mildly follows NY cotton futures trend
Bremen Index mildly follows NY cotton futures trend
08
Nov '14
“The CIF Bremen Index mildly followed the marginally downward movements in New York cotton futures in the current week,” a report from the Bremen Cotton Exchange, informs.

It adds that mainly technical reasons were likely responsible for the performance of NY cotton futures, since there were no news of change in market fundamentals.

“The quotations in euro remained relatively stable due to the strong dollar,” the report reveals.

As in the previous week, several inquiries from the textile industry targeted specific grades in the reporting week.

And in order to hedge current orders, price ranges and available cotton were still being searched.

Although spinners remained generally cautious, there were however, a moderate amount of transactions for deliveries in future months.

In medium staple cotton, contracts were concluded for; Central Asia for the fourth quarter of 2014 and Brazil for the fourth quarter of 2014 and up to the first quarter of 2015.

In the same variety, contracts were executed for India for the first quarter of 2015 and for Spain for the first and second quarter of 2015.

In case of long and extra-long staple cotton, contracts were signed for Giza 86 for prompt delivery, Spanish ELS for the fourth quarter of 2014 and US Pima for prompt and first quarter of 2015. (AR)

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 19th Jan 2017

Union Budget: Textile sector expects excise duty revisions

Excise duty on man-made fibres should be reduced to bring it on par...

Union textiles minister Smriti Irani at the inauguration of IIGF in New Delhi with textiles secretary Rashmi Verma and other dignitaries. Courtesy: PIB

Apparel/Garments | On 19th Jan 2017

Ministry to reimburse apparel exporters for state levies

The textile ministry has received a sum of Rs 500 crore from the...

Apparel/Garments | On 19th Jan 2017

Asahi Kasei to display sustainable fibre at trade shows

Asahi Kasei, specialty Japanese fibre producer, will be displaying...

Interviews View All

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Suresh Patel
Sidwin Fabric

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

Silvia Venturini Fendi
Fendi s.r.l

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

Yash P. Kotak
Bombay Hemp Company

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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
January 2017

January 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