Bridge Asia Ltd.

27/09/2017

Modern technology has enabled increased efficiency in cotton production. Specifically, 50% more cotton is produced worldwide today on the same amount of land as compared to 40 some years ago. And though cotton occupies less than 3% of the world’s agricultural land, cotton production provides two crops with each seasonal harvest: cotton fiber, which currently supplies 30% of the world’s textile fiber needs;[2] and cottonseed, a source of nutritious cooking oil and a protein-rich supplement for dairy cattle and aquaculture feeds...

The total amount of land on Earth is 33.1 billion acres. Of this, 10.3 billion acres is land that could be suitable for growing crops—and 36% of that land is

11/09/2017

Cotton Market Commentary:

It has been suggested that the change in Irma’s direction stalled Friday’s trading session with the December-17 contract settling slightly higher up 32 points to 74.59. The hurricane has now been downgraded to a category 2 and this morning hit the Florida coast. All-in-all the tumultuous weather in the States has generated a 900 point advance in the December contract over the past fortnight. In other news, the Chinese State Reserves continue to enjoy solid clearance rates with 90.70% of Friday’s trade cleared. Cumulative sales from the Chinese Reserve now account for over 2.8 million bales.

10/09/2017

Our one of the big supplier Olam International received Asean Business Awards-2017, the second highest honours for the 2017 ASEAN Business Awards (ABA), Inclusive Business (IB) category. Held on 6th September 2017 at Solaire Pasay City Philippines, the award gala dinner saw more than 900 private- and public-sector leaders in attendance.

We are excited to share that Olam has taken the second highest honours for the 2017 ASEAN Business Awards (ABA), Inclusive Business (IB) category. We …

24/08/2017

Cotton Market Commentary:

Cotton Futures rallied in the overnight session, with forecasts of Tropical Depression Harvey threatening to deliver widespread flooding across the South East of the US. Weather reports are predicting over 400mm of rainfall to hit Texas and Louisiana over the next 7 days. In light of this news, the cotton market responded in positive fashion, closing to the highest level in the past ten sessions. In particular, the December-17 closed the session up 108 points, to gain a total of 207 points over the past five sessions. In other news, the Chinese CZCE reserves enjoyed a 97.3% take-up of reserve sales and also positive price gains yesterday.

16/08/2017

A group of cotton ginners from Maharashtra will visit Singapore to explore possible deals for Indian cotton.

12/08/2017

Exports of Egypt's prized cotton will hit 38,000 tonnes in the 2016-17 season ending this month, up 19 percent on last year's total, the head of a cotton exporting council told Reuters, as Egypt looks to win back market share lost after a 2011 uprising.