Home / Knowledge / News / Textiles / High volatility in cotton market, Bremen CIF
High volatility in cotton market, Bremen CIF
10
Feb '11
After climbing and following sharp decline of the quotes in New York last week, the quotes recovered with a not common jump up. The Cotlook A quotes for April to June exceeded the 2 US Dollar limit for a short time.

The Bremen CIF Index based on quotes for February to March kept the 2 US Dollar line in the reported week. The high volatility within the days and the performance of the quotes at the ICE in general had confused the market participants and hampered the business. Offers from the producing countries were continuously limited.

Prompt deliveries remained interesting to cover short-term needs. Inquiries of spinning mills were most of all concentrated on the coming crops of the northern hemisphere and on the search for possibilities to cover the transition to the new season.

Contracts were reported for medium staple as follows: Central Asian for deliveries prompt and 2nd quarter 2011. West African for delivery in the 2nd and 3rd quarter 2011 as well as for 1st quarter 2012. Brazil for 4th quarter 2011. USA MOT for 1st quarter 2012.

Negotiated were deliveries of Long and Extra Long Staple as follows: Israel Acalpi for 4th quarter 2011. Israel Pima for prompt and 2nd quarter 2011. Egyptian Giza 86 und 88 for prompt. US Pima for 2nd quarter 2011 and 1st quarter 2012.

Bremen Cotton Exchange

Must ReadView All

Textiles | On 24th Jan 2017

Textile industry demands relaxation of laws from Budget

The upcoming Union Budget 2017-18 should focus on relaxing certain...

President Donald Trump; Courtesy: White House

Textiles | On 24th Jan 2017

US sets ball rolling for withdrawal from TPP

President Donald Trump has set the ball rolling for withdrawal of the ...

Textiles | On 24th Jan 2017

Indian cotton consumption estimated at 290 lakh bales: CAI

The domestic consumption of cotton during the crop season 2016-17...

Interviews View All

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Igor Chapurin
Chapurin

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search