Home / Knowledge / News / Textiles / CIF Bremen Cotton Index declines this week
CIF Bremen Cotton Index declines this week
21
Nov '14
The CIF Bremen Cotton Index and prices of cotton for near dates have tended to decline in the reporting week.

Yet, the fluctuating range and fall in quotations for available cotton, was weaker than that of the futures for December.

“Assumedly technical reasons were mainly responsible for the inconsistent picture in New York, with the First Notice Day in sight”, the Bremen cotton report reveals.

“The futures development and diverging price ideas between trade and industry disconcerted market participants,” the report informs.

Nevertheless, need for cotton for the first and second quarter of 2015 was evident in the market, while cotton spinning mills are postponing larger purchases hoping for quotations to drop further.

However, spinning mills placed orders for necessary amounts for prompt deliveries and the period after the company holidays.

Contracts for near delivery came from European stocks in the medium staple range and mostly referred to Pima-varieties in the long and extra-long staple range.

Contracts were concluded in medium staple cotton from Greece for the fourth quarter of 2014 and first quarter of 2015 and from Central Asia for the first quarter of 2015.

In long and extra-long staple cotton, contracts were concluded for Giza 86 for prompt delivery, US Pima and Israel Pima for prompt and up to the first quarter of 2015. (AR)

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd May 2017

GST to be biggest achievement of Modi govt: ASSOCHAM

Goods and Services Tax (GST) which is near a roll-out would be the...

Textiles | On 22nd May 2017

Maintaining NAFTA benefits is crucial: Cotton council

The US must remain a participant in a vibrant North American Free...

Apparel/Garments | On 22nd May 2017

Retailers ask Congress not to go for consumption tax

The National Retail Federation has asked US Congress to focus on...

Interviews View All

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Larry L Kinn
Suominen Corporation

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Mike Hoffman
Gildan Activewear SRL

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

Silvia Venturini Fendi
Fendi s.r.l

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

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


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