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Continuously calm market - Bremen Cotton
24
Mar '11
Merchants reported on a continuously calm market. Since prices have risen again slightly during recent days, most spinning industries acted restrainedly.

Enquiries only led to contracts in individual cases and rather served for sensing the prices.

Contracts were closed for cotton from West Africa for the 2nd and 3rd quarter 2011 as well as a marginal amount for the 2nd quarter 2012, cotton from Central Asia for the 2nd and 3rd quarter 2011 as well as a small amount for the 1st quarter 2012 and US EMOT for the 2nd quarter 2011.

In the LS/ELS-range the need was satisfied by Giza 86 for near dates and Giza 88 for the 2nd quarter 2011.

Bremen Cotton Exchange

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