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Calm trading in cotton market
17
Mar '11
Despite the rather decreasing tendency of the New York Cotton Futures until yesterday, prices remained predominantly firm on the market. The impact on the cotton market because of the disastrous situation in Japan has not yet been conceivable.

Upland cotton for near dates has still been purchased; negotiations mostly concerned deliveries at a later date. The demand for long staple cotton was marginal.

Upland cotton was traded from the following provenances: Central Asia for delivery in the 2nd, 3rd and 4th quarter 2011, West Africa for the 2nd quarter 2011 as well as the 1st quarter 2012, US SJV for prompt and US EMOT for the 2nd quarter 2011, Argentina for the 3rd quarter 2011, Greece for prompt and the 4th quarter 2011.

Bremen Cotton Exchange

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