Declining turnover

On the domestic market the volume of business was decreasing in the reported week. A shrinking number of inquiries by spinning mills faced a limited number of offers by merchants. The cotton processors had no actual pressure to buy and were waiting for the further development of prices.

Reported were the following turnovers in the Medium staple range: Central Asia for delivery in the 2nd through the 4th quarter 2011, South America Options for the 3rd and 4th quarter 2011, West Africa and USA E/M/O/T for the 1st quarter 2012.

In the Long- and Extra Longstaple range were dealt: Egyptian Giza 88 for prompt delivery and Israel Pima for the 2nd quarter 2011.