Numerous processors, though, continuously seem to exercise market caution, observe the currently weak price movement and wait for the quality development of the new crop.
The following contracts were closed:
In the medium staple range: West Africa for prompt and the 1st quarter 2013. Central Asia for the 4th quarter 2012 and the 1st quarter 2013. Brazil for the 4th quarter 2012.
Long- and extra-long staple cotton: Israel Pima, Israel Acalpi, Egyptian Giza 86 as well as US Pima for prompt and the 4th quarter 2012.
Bremen CIF Index
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