U.S. pamuk prodaja na tržištu - 09. lipnja 1997.
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Ukupna prodaja na 7 tržišta
u SAD-u 1,636 (15,085 prijašnji dan)
Prosiječna cijena 1-1/16 inch cotton
69,26 centi (69,44 prijašnji dan)
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NEW YORK - pamuk zatvaranje - 09. lipnja 1997.
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MJE. ZADNJA OTVA NAJ- NAJ- ZATVA- NAGODBE
RANJE VIŠA NIŽA RANJE
JUL7 72.10 72.30 72.60 71.90 72.10 72.12
OCT7 74.15 74.35 74.45 74.00 74.05 74.09
DEC7 74.70 75.10 75.15 74.65 74.70 74.74
MAR8 75.98 76.30 76.10 75.87 75.98 75.98
MAY8 76.45 76.75 76.65 76.45 76.55 76.60
JUL8 77.10 77.10 77.10 76.82 76.85 76.90
OCT8 75.10 74.80 74.90
DEC8 73.95 73.95 74.15 73.95 73.95 73.95
MAR9 75.25 74.90 74.93
MAY9 75.75 75.40 75.41
NYCE cotton settles weaker, July holds support
NEW YORK, June 9 (Reuter) - NYCE cotton futures closed
weaker but held within the recent trading range between 72.00
to 73.50 cents basis the benchmark July contract.
July cotton closed down 0.25 cent at 72.12 cents per lb,
having traded from 72.60 to 71.90 cents. New crop December
went out 0.31 cent lower at 74.74 cents.
Volume was estimated at 10,000 lots, compared with
Friday's official 15,569 lots.
Dealers said the market is likely to remain cautious ahead
of Thursday's monthly supply and demand data, although no
changes are expected from last month.
The U.S. Department of Agriculture put the crop at 18.5
million 480-lb bales. Exports were seen at 7.3 million bales,
and ending stocks at 4.25 million bales, in the May report.
The USDA will release its June report Thursday at 0830
EDT.
The current data suggest that supply should outpace demand
and have put pressure on the market amid a dearth of bullish
news, analysts said.
Prices are likely to remain under pressure in the coming
weeks but could get a boost from the cold weather that has
blanketed the cotton belt, over the longer term.
"Ultimately, the cool weather will show up in the form of
lower yields," Sharon Johnson, an analyst with Frank Schneider
and Co Inc, said. "Cotton needs hot weather to grow."
The July contract is expected to find support at 72.00
cents and then 70.00 cents.
Firm resistance remained at 74.10 cents in July.
100959 MET jun 97
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Remi Lyon, pobjeda PSG-a
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