Bremen CIF Index reports that the number of enquiries from the spinning industry rose during the reported week,specially for deliveries in the first and second quarter 2013;the overall turnover,however,has not reflected this development.Prompt delivery constantly dominated the market.The largest turnover was again realized in the long staple/extra long staple(LS/ELS)range.
The following contracts were closed:
In the medium staple range:Cotton from West African was sold for prompt delivery,Central Asian cotton for delivery at the end of the 4th quarter 2012/beginning of the 1st quarter 2013 and Brazilian descriptions as well as US Ultima rgd.for delivery in the 1st quarter 2013.
Long-and extra-long staple cotton:Contracts were closed for US Pima,Israel Pima,Sudan Barakat,Egyptian Giza 86 and Giza 88 for prompt delivery.US Pima was also ordered for the 1st quarter 2013.
