Limited Turnover

After the good US exports and also technical reasons led to significant increases at the ICE in the previous weeks, at the beginning of the reporting week the adjustment was surprisingly clear. However, next to cotton also other commodities registered losses. The German cotton consuming industry did not experience significant changes in the reporting week. At origin the prices remained stable. The local Easter holidays led to limited turnover.

Contracts were reported in West African medium staple qualities for prompt delivery as well as 1st quarter 2013 and CIS for prompt until 2nd quarter 2012.

In Extra-long staple cottons GIZA 86 was registered for prompt delivery and US Pima for 2nd quarter 2012.