;
Home / Knowledge / News / Textiles / Bremen cotton Index weakens from fall in NY cotton futures
Bremen cotton Index weakens from fall in NY cotton futures
05
Sep '14
Following the slightly weakening quotations of the New York cotton futures, the CIF Bremen Index too followed suit, although the corresponding Euro prices remained stable due to a stronger dollar.

In the local German market, the number of inquiries increased noticeably as the cotton consuming industry returned completely back from holidays.

However, with new cotton crop expected to reach the markets, the textile industry expects a further downswing of prices, so was in part reluctant to conclude contracts.

Buyers were on the lookout for bargains, but there seemed to be no pressure to cover urgent needs. Most of the interest seemed to be concentrated on deliveries for the months around end of the year.

Contracts for medium staple cotton were concluded for Central Asia for prompt delivery and the first quarter of 2015, West Africa for prompt delivery, for the fourth quarter and first quarter of 2015.

In long and extra-long staple cotton varieties, contracts were signed for Israel Pima Organic for prompt delivery.

The committee for price fixations of the Bremen Cotton Exchange said it has decided to adjust the CIF Bremen Index for seasonal reasons.

Quotes of strict middling qualities from the European cotton producing countries like Greece and Spain have been included now. (AR)

Fibre2fashion News Desk - India


Must ReadView All

Government notifies 207 HSN Codes as technical textiles

Textiles | On 19th Jan 2019

Government notifies 207 HSN Codes as technical textiles

The government of India has notified 207 HSN Codes as technical...

Two US senators introduce Cambodian Trade Act of 2019 bill

Apparel/Garments | On 19th Jan 2019

Two US senators introduce Cambodian Trade Act of 2019 bill

Two US senators recently introduced the Cambodian Trade Act of 2019...

Rwanda to open silk factory in Kigali in Feb

Textiles | On 19th Jan 2019

Rwanda to open silk factory in Kigali in Feb

Rwanda will open a new silk factory in February at the Kigali Special ...

Interviews View All

Mandeep Nagi, Shades of India

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Subhashini Srinivasan, The S Studio

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Manuj Terapanthi, Texaura

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Carmen Silla,

Carmen Silla

Leading the transformation of the textiles industry with disruptive...

Rajat Jaipuria,

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Liz Manning,

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Mark Paterson, Technical Absorbents Ltd

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Steve Cole, Xerium Technologies

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Robin Grankvist, OrganoClick AB

Robin Grankvist
OrganoClick AB

Robin Grankvist talks about PFCs, additives and various chemicals used in...

Cigdem Akin, Cigdem Akin

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Pranav Mishra, Huemn

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Judy Frater, Somaiya Kala Vidya

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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

Leave your Comments


January 2019

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

news category


Related Categories:

Advanced Search