Scant Supply for the Near Term

June 17, 2010 at 1:41 pm Leave a comment

Cotton available for the short term was still of great interest in the past week. However, there existed also brisk demand for later dates. Indeed, the market was almost empty. Prices and quotations had further gone up, if obtainable at all. Thus, not many new contracts could be closed. For merchants, the replacement in the countries of origin became hardly possible on the prevailing basis. Also fine-/extra fine cottons were in strong demand but the turnovers remained limited due to the absence of offers.

In the medium staple range sales were registered for odd-lots of Central Asian…

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Source Link : Fibashion.com

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