Due to relatively stable prices there were some movements on the European market during the reported week. Small amounts were demanded in the first place and led to closed contracts in a number of times.
Yet, attention mainly turned to near dates. The traded volume of medium staple cotton was significantly larger than that of long staple.
Contracts were concluded for:
Medium staple cotton: Central Asian cotton was sold for prompt delivery, the 4th quarter 2013 and the 1st quarter 2014. Cotton from West Africa was traded for the 4th quarter 2013.
Long and Extra-Long staple cotton: Giza 86 and Sudan Barakat were delivered promptly. US-Pima, Israel Pima and Spanish ELS as well as Sudan Barakat were traded for the 4th quarter 2013. Israel- Acalpi-contracts were closed for the 1st and 2nd quarter 2014.
