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Firm prices despite lighter quotations – Bremen Cotton
31
Mar '10
The week under report was dominated by the 30th International Cotton Conference Bremen and offered opportunities to meet old and new friends. The current cotton prices however were described as hurdle for new contracts at larger extent. The yarn prices did not follow the raw material. The quotations in New York and the indices of Bremen and of Cotlook Liverpool lightly decreased despite firm and stable prices for effective cotton.

In the Upland range were traded: CIS and USA M.O.T. for the 2nd quarter 2010 and West African styles for the 3rd quarter 2010.

From among the fine- / extra fine varieties contracts were concluded in Egyptian GIZA 88 and GIZA 86, as well as Sudan Barakat for the 2nd quarter 2010.

Bremen Cotton Exchange


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