Since the reported week recorded only small price fluctuations, the quotations could be called close-to-unchanged firm as before.
Following the company holidays of the week before last and the fair “Heimtextil” during last week the national business has been reviving slowly but constantly leading to the sale of small amounts at last.
At the same time the international demand has already increased significantly and good turnovers on the global market were reported. The discrepancy between global stocks and stocks less China seemed to stimulate the international demand.
Medium Staple Cotton: Central Asia for prompt. Argentina, Greece, Spain and West Africa for prompt up to the 1st quarter 2014.
Long and Extra-Long stapel cotton: USA Pima for prompt up to the 1st quarter 2014. USA SJV Acala for the 2nd and 3rd quarter 2014.