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Adress

Bremer Baumwollbörse
P. O. Box 10 67 27 | 28067 Bremen
Wachtstrasse 17-24 | 28195 Bremen
Phone: +49 421-339 700 | Fax: +49 421-339 7033
E-Mail: info@baumwollboerse.de

The Bremen Cotton Exchange

“The purpose of the Bremen Cotton Exchange, created under this name as a ‘body corporate’, is to maintain and to promote the interests of all those connected with the cotton trade and with the first stage of processing cotton.”

This is the first paragraph of our by-laws. For more than 130 years, and under this guiding principle, the Bremen Cotton Exchange has represented its members, who come from Germany, Europe and overseas. Our registered office is in the Hanseatic City of Bremen, in which there is a long tradition of cotton trade.

The Bremen Cotton Exchange is an international raw material organisation, which together with 16 other cotton exchanges worldwide, ensures contractually correct dealings in the cotton trade. We therefore maintain special contract conditions, in which the rules of business are defined. This “constitution” for the cotton trade includes, for example, its own jurisdiction and the instruments for settling differences of opinion between the contractual parties on the quality of the delivered product. Clear, neutral rules are essential for the trade in a product that is produced in over 80 countries and is constantly changing in terms of price and quality. The Rules of the International Cotton Association in Liverpool were adopted in 2006. The aim is worldwide uniform regulation. Our members, from approximately 30 countries, are recruited from all parties with an interest in the cotton trade and range from producers through traders to processors, i.e. spinners and weavers. Our member companies also include shippers, banks, insurers, forwarders and textile machine engineers.

Since the foundation of our organisation in 1872, the cotton trade has changed significantly and especially in the last decades, a major structural change has taken place. Cotton production and the cotton growing area have continually increased, as has cotton consumption, which, at the expense of the European textile industry, has more and more relocated to the producing countries. Even in the age of globalisation and altered trading structures, it remains a great challenge for us to represent the interests of the cotton trade at national and international level. We are facing up to this, among other things, by providing the technology and the know-how for cotton testing, through international harmonisation of trading rules, as well through cooperation / amalgamation with other organisations.

International trade in cotton is currently at a record level and keeping this on the right track is more essential now than ever before.

On behalf of our members, and together with 16 further cotton organisations worldwide, we ensure the contractually correct handling of cotton trading. The basis for our work are the Rules of the Bremen Cotton Exchange. They encompass the trade in raw cotton, cotton waste and linters, as well as waste products from synthetic fibres and fibre mixtures and include, among other things, the detailed regulation of the mutual contractual obligations, as well as an instrument for solving conflict cases. The rules for the “Bremen Cotton Trade” came into effect in 1872, on the initiative of Bremen businessmen.

The Building

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glass paintings inside the building

parking garage

The Bremen Cotton Report is published every two weeks and informs all our members, as well as government departments, scientific institutions and the press, on the national and international cotton market. As well as the reporting, it also contains information on current events, statistics and market analysis.

The Bremen Cotton Exchange’s Annual Report gives account to all our members of all the Bremen Cotton Exchange’s activities in the course of the year. Additionally we report on the world cotton situation and the situation in the most important cotton producing and processing countries.

Specialist consulting - various commissions deal with questions on the specialised area of the cotton business. Amongst other things the boards discuss classing, prices, transport and insurance issues, as well as the instrumental implementation of international trading conditions.

We regularly offer and organise seminars, which convey comprehensive information on cotton as a raw material and the associated business. Together with the FIBRE laboratory Bremen, we provide theoretical and practical information for example about classing and testing, arbitration boards and quality arbitration, financing, insurance and futures trading.

The conferences provide the opportunity to maintain and improve good contacts. In cooperation with FIBRE laboratory Bremen, we organise the bi-annual “International Cotton Conference”. This is the leading cotton testing conference worldwide and offers an international audience from around 50 countries a forum for dialogue.