Home / Knowledge / News / Textiles / Uncertainty of cotton prices saddens spinning mills

Uncertainty of cotton prices saddens spinning mills

21
Mar '07
Uncertainty about the further development of the cotton prices let the inquiries by the spinning mills in the local market drop to a low level. A wait and see attitude is supported by the present quotations at the New York cotton futures market.

Purchased was again just the most necessary supply and special cotton excepted, only for the nearer dates. Replacement at origin is at present almost impossible on the basis of the mill-buyers price ideas, since offers from the countries of origin are either much higher, or even unavailable.

In the Upland range were traded: Central Asian sorts for prompt and through 2nd quarter 2007; Greek descriptions for loading in the 1st and 2nd quarter 2007; West African types for terms in the 1st to 2nd quarter 2007; as well as Zimbabwe cotton for the 3rd and 4th quarter 2007.

In the ELS / LS range, smaller turnovers were registered in Egyptian GIZA 86, 88 and 70 for prompt; Israel Pima for prompt, Sudan Barakat for prompt and further through 3rd quarter 2007, as well as Central Asian ELS still for the 1st quarter 2007.

Click here to view table:

Bremen Cotton Exchange, Germany


Must ReadView All

Pic: Shutterstock/humphery

Textiles | On 18th Sep 2021

China wants to join CPTPP; Japan to consult members to respond to bid

Chinese commerce minister Wang Wentao recently submitted an...

Pic: Shutterstock

Textiles | On 18th Sep 2021

Eurozone GDP recovers quicker than expected after lockdowns: EU report

The eurozone economy recovered more rapidly than considered earlier...

Pic: Shutterstock

Apparel/Garments | On 18th Sep 2021

BGMEA urges Canadian buyers to source apparel from Bangladesh

Bangladesh Garment Manufacturers and Exporters Association (BGMEA)...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Strongly believe in 'people first' policy.

India-EU Summit, Representatives

India-EU Summit
Representatives

India-EU FTA will provide EU with better access to a huge & rapidly...

Textile Industry, Head honchos

Textile Industry
Head honchos

Good tidings expected for textile industry

Simone Morgante,

Simone Morgante

Based out of Como, Italy, and with technological expertise of nearly 70...

Vikash & Vishal Pacheriwal,

Vikash & Vishal Pacheriwal

Launched in 2018, Raisin is a contemporary fusion fashion brand that aims...

Aashumi Mahajan,

Aashumi Mahajan

The Luxe Maison is a premiere haute couture e-boutique established after...

Thomas Ong P S, NanoTextile

Thomas Ong P S
NanoTextile

Malaysian company NanoTextile Sdn Bhd taps into the potentials of...

Shaan Sethi, Jaanuu

Shaan Sethi
Jaanuu

Jaanuu, a vertically integrated e-commerce company, has reimagined the...

Michael Jaenecke, Messe Frankfurt

Michael Jaenecke
Messe Frankfurt

From May 14 to 17, international exhibitors will present the entire...

Sunita Shanker, Label Sunita Shanker

Sunita Shanker
Label Sunita Shanker

Inspired by the rich traditional crafts of India, Sunita Shanker’s work is ...

Ruma Devi, Gramin Vikas Evam Chetna Sansthan

Ruma Devi
Gramin Vikas Evam Chetna Sansthan

<b>Ruma Devi i</b>s a jet-setting promoter of artisans who has empowered...

Reynu Taandon, Label Reynu Taandon + Nikhita

Reynu Taandon
Label Reynu Taandon + Nikhita

Renowned womenswear designer <b>Reynu Taandon </b>has been serving the...

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


September 2021

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


Advanced Search