Cotton market keeps firm attitude

17 Sep '09

1 min read

Offers from the countries of origin kept their firm attitude. The quotations at the New York futures market for cotton had constantly gone up during the week under report and the indices of the Bremen Cotton Exchange and of Cotlook, Liverpool reflected the tendency. Enquiries by the local spinning mills remained limited; nevertheless, contracts could be placed in Upland and extra-fine cottons until the end of the second quarter 2010.

In the Upland range were traded: Central Asian sorts for prompt and for the 4th quarter 2009; Greek descriptions for prompt, further in the 3rd and 4th quarter 2009 and for the 1st and 2nd quarter 2010; West African styles for dates in the 4th quarter 2009 and in the 1st and 2nd quarter 2010, as well as USA California Acala for the 4th quarter 2009 and for the 1st quarter 2010.

In the extra fine range sales were registered in Sudan Barakat for the 4th quarter 2009 and for the 1st quarter 2010; Israel Pima and ACALPI for the same period of time, and USA Pima for the 4th quarter 2009 and for the 1st quarter 2010.

Bremen Cotton Exchange

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