As an imperative international cotton trade association, please tell us how Bremen Cotton Exchange is beneficial to the cotton consumers, buyers and sellers?
Our position as arbitrator obliges us to remain neutral. We provide our members with information, data and knowledge. Our cooperation with the ICA in the form of the ICA Bremen is enabling us to develop into an international centre for quality testing and training. The current project, the certification of cotton laboratories all over the world, will further increase our significance.
In cooperation with other international organisations and working groups such as SEEP or the IFCP, we are working for cotton. In view of the changing fibre market, we will certainly increase our involvement here too.
Do you think that uncertainty over China’s reserved cotton stock is affecting export and imports, globally?
China’s stock policy has a significant influence on the global cotton trade pattern. If you look back into the past you have the proof of the effect the Chinese impact on the world cotton market in general as well as the impacts of any stock policy. Future development is of course a crucial question.
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