The cotton quotations increased continuously in the week under report and in comparison with the relevant day the past week ranged by some 3.5 US-dollar cents higher. The Cotlook A Index went up by 2.25 cent/lb in the same period. Offers for cotton from the new crop could hardly be obtained from the countries of origin or they were extremely high.
Available cotton from the old crop is absolutely rare in the required qualities. As consequence, mill enquiries led just in few cases to the conclusion of new contracts. Buyers obviously preferred to wait for a downwards correction of prices, if possible.
In the Upland range were traded: Central Asian sorts for prompt, further in the 4th quarter 2007 and in the 1st and 2nd quarter 2008; West African types for the 4th quarter 2007 and for the 1st quarter 2008; Greek descriptions for the 4th quarter 2007, as well as Indian cotton for the 1st quarter 2008.
In the ELS/LS range, a sale of Sudan Barakat cotton for the 2nd quarter 2008 was registered.
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
