Home / Knowledge / News / Textiles / CIF Bremen Cotton Index remains firm
CIF Bremen Cotton Index remains firm
14
Nov '14
The CIF Bremen Cotton Index remained overall firm and business stayed stable in the current week.

“Cotton contracts were mainly focused on long and extra-long staple range and prompt delivery up to the end of the current year,” the Bremen Cotton Exchange report informs.

The report says fundamental data of the updated USDA report remained relatively unchanged, except for continuously rising stocks that had been forecasted earlier, especially for the US.

Post the release of the USDA report, New York cotton futures that had fluctuated within a small range earlier, declined steeply for a short time, but returned to its previous level.

Development in New York cotton futures was followed by quotations at CIF Bremen index, albeit slightly weaker.

“Consequent inquiries from textile mills were with the main purpose, to know influence on quotations for common varieties from available stocks,” the report reveals.

Most potential purchasers continued to observe developments and did not enter into long-term commitments, hoping for further drop in prices.

In the reporting week, contracts in medium staple cotton were concluded for West Africa for prompt and the fourth quarter of 2014 and Central Asia for the first quarter of 2015.

In long and extra-long staple cotton, contracts were signed for Giza 86, Spanish ELS and Israel Pima for the fourth quarter of 2014. (AR)

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Trinity Kubassek from Pexels

Textiles | On 19th Aug 2018

Australian wool production to fall 5.7% in 2018-19

Shorn wool production in Australia is likely to fall by 5.7 per cent...

Courtesy: Next Level Apparel

Apparel/Garments | On 19th Aug 2018

Blue Point Capital recapitalises Next Level Apparel

Blue Point Capital Partners has recapitalised Next Level Apparel, a...

Retailers approaching 100% inventory accuracy: Study

Apparel/Garments | On 19th Aug 2018

Retailers approaching 100% inventory accuracy: Study

With computer vision use cases maturing, Artificial Intelligence (AI) ...

Interviews View All

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Mr Ambrose Chan
DSG International (Thailand) PLC

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

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


August 2018

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

news category


Related Categories:

Advanced Search