EconomyTürkiye Official institution
DCT Trading signed a cotton purchase agreement with Greek suppliers for 2026/2027
DCT Trading External Trade A.S. has signed a cotton purchase agreement for the 2026/2027 season with suppliers based in Greece. The agreement is based on the prices of cotton futures contracts traded on the New York Stock Exchange and is buyer's call; that is, the purchase obligation is established as a recognized right to the buyer.
What does it mean?
The company agreed to purchase cotton from suppliers in Greece for approximately USD 6.3 million, with deliveries to be made between December 2026 and March 2027.