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First enquiries for new cotton crop
18
Jun '09
Just like last week, demand on the European market was very restrained. The majority of requests aimed for satisfaction of small short-time demand before the beginning of the company holidays.

Merchant circles reported furthermore on some enquiries for August/September and a couple of enquiries for the 1st quarter 2010 for West African, Central Asian and Greek descriptions.

However, these did not yet lead to closed contracts since there was a tremendous price-gap. The Far-East-market was called overall more interesting.

Small sales of West African, Central Asian and Greek cotton were registered for near dates in the Upland-range. Short-time ELS-/LS-need was satisfied with US-Pima.

CIF Price:

Bremen Cotton Exchange

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