The Archive · 1937

Bombay Cotton Market

Bombay, Oct, 30.

Trading in the Bombay cotton market during the past week was confined mostly to operations against options, which proved to be the main support, with shippers showing little interest in futures, Export demand was negligible, owing to Japan's difficulty in obtaining permits, while the present parity is checking foreign enquiry.

The spot demand was slow, with domestic mills less eager to buy, owing to fears of labour troubles darkening the outlook.

The weather during the week under review was favourable, with the quality of cotton very satisfactory.—Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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