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Turnovers in cotton market limited to the first half year
27
Jan '10
The continuously falling New York futures market induced potential mill buyers to intensified enquiries at the trade. However, different price ideas were difficult to bridge and also the strong US-dollar had influence on the prices in Euro. This was clearly reflected by the Bremen and Cotlook indices which inclined just marginally weaker in comparison with theweek before. In the domestic market new contracts could only be closed for dates in the first half year 2010.

In the Upland range contracts were registered in Central Asian sorts for the 1st and for the 2nd quarter 2010, Greek descriptions and West African styles for prompt / 1st quarter 2010.

In the extra- fine range were traded: Egyptian GIZA 88 and 86, Israel Pima and US Pima for prompt.

Bremen Cotton Exchange

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