Most of the spinning mills in this market are still on works holidays. The few ones which have already taken up operation again are revising their needs. Mills´ enquiries reached the trade only sporadically and served in part just for information purposes.
Contracts came into being just in a manageable frame, mainly for nearby deliveries. The Cotlook A Index for 2007/08 quoted 75 points higher in weekly comparison; the cotton quotations in New York ranged 54 points lower for the trading month October 2007, after slight fluctuations over the week.
Turnovers were registered as follows: West African types for prompt and further in the 3rd and 4th quarter 2007; Central Asian sorts for prompt and further in the 3rd quarter 2007; Zimbabwe cotton for dates in the 4th quarter 2007 and in the 1st quarter 2008.
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Bremen Cotton Exchange / Otto Stadtlander GmbH
marketing@alchempro.com
