Interviews
Marginal turnover in cotton market
12 May '11
1 min read
Despite the strong regression of the New York Cotton Futures during mid last week quotations for near dates remained firm on the domestic market.
The perceived general market caution as well as the rather observant behaviour of the processing industry continued during the reported week. Yet adequate offers for prompt deliveries as well as the 2nd quarter have still been of interest.
In the medium staple range contracts for cotton from the following provenances were registered: Central Asia for near dates and the 2nd quarter 2011 as well as West Africa for near dates and the 2nd quarter 2012. South American descriptions were sold for the 3rd quarter 2011.
The perceived general market caution as well as the rather observant behaviour of the processing industry continued during the reported week. Yet adequate offers for prompt deliveries as well as the 2nd quarter have still been of interest.
In the medium staple range contracts for cotton from the following provenances were registered: Central Asia for near dates and the 2nd quarter 2011 as well as West Africa for near dates and the 2nd quarter 2012. South American descriptions were sold for the 3rd quarter 2011.
Bremen Cotton Exchange
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