Bremen Cotton Market

Marginal Fluctuations in Prices 

Due to a lack of fundamentally new data, the major price indices moved within a narrow range in the reported week and remained nearly stable compared to the previous week. While, in general, the number of inquiries was slightly restrained, the turnover experienced a diverging picture. Some textile industries kept watching for the further development of the quotations. Others showed considerable interest in promptly satisfying their need, especially concerning the extra-long staple range. Upland cotton business was mainly shaped by focus on the first quarter of the next year.

Contracts were concluded for:

• Medium staple cotton:

Central Asian and East African cotton was sold for prompt delivery and the 1st quarter 2014. Cotton from West Africa was traded for the 1st and 2nd quarter 2014.

• Long- and extra-long staple cotton: 

Giza 88 and US Pima were delivered promptly. Israel Pima was ordered for near dates up to the 1st quarter 2014.