Calm Market
The regression of the New York Cotton Futures as well as the Cotlook A Index but continuously firm prices for near deliveries unsettled the processing industry and led to an observant attitude. Last but not least because of the holidays there was hardly any tangible purchase interest.
Only the following medium staple cottons were traded: Central Asia for the 2nd quarter 2011 and West Africa for the 2nd and 3rd quarter 2011.
Business in the long and extra long staple range only comprised Egyptian Giza 86 for the 2nd quarter 2011.