U.S. pamuk prodaja na tržištu - 09. srpnja 1997.
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Ukupna prodaja na 7 tržišta
u SAD-u 6,626 ( 1,399 prijašnji dan)
Prosiječna cijena 1-1/16 inch cotton
71,35 centi (70,51 prijašnji dan)
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NEW YORK - pamuk zatvaranje - 09. srpnja 1997.
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MJE. ZADNJA OTVA NAJ- NAJ- ZATVA- NAGODBE
RANJE VIŠA NIŽA RANJE
JUL7 71.40 71.25 71.40 71.10 70.75 71.14
OCT7 74.16 73.74 74.30 73.70 74.10 74.14
DEC7 74.40 74.15 74.55 74.15 74.30 74.35
MAR8 75.50 75.50 75.70 75.43 75.50 75.50
MAY8 76.20 76.20 76.50 76.20 76.15 76.20
JUL8 76.60 76.50 76.55
OCT8 75.00 74.80 75.00 75.00 75.00 75.05
DEC8 74.20 73.90 74.20 74.00 74.10 74.15
MAR9 74.80 74.95 75.03
MAY9 75.15 75.20 75.25
NYCE cotton closes firmer, trade remains a buyer
NEW YORK, July 9 (Reuter) - NYCE cotton futures closed
higher amid steady trade buying in an ongoing technical
correction to a recent selloff, floor sources said.
The benchmark December contract climbed to a high of 74.55
cents, still shy of its upside target of 75.00 cents, however.
Volume remained thin at an estimated 12,000 lots compared
with Tuesday's official 12,626 lots. Traders said a lack of
fundamental news about the developing crop is keeping many
players out of the ring.
"Overall, the U.S. crop is two to three weeks late in
getting started from New Mexico to the Carolinas with a lot of
mixed patterns within," Carl Anderson, a cotton marketing
specialist with Texas A & M University, said.
He added that warm weather across much of the cotton belt
for the past two weeks has sped crop development, but it is
far too early in the season to gauge output or yields.
The most-active December contract closed 0.19 cent firmer
at 74.35 cents per lb, having ranged from 74.55 to 74.15
cents. The rest of the board closed unchanged to 0.44 cent
higher.
Support remained at the contract low of 73.70 cents
followed by 70.00 cents in December.
Dealers said the market could continue to retrace losses
that sent the December contract to its lifteme low of 73.70
cents, amid technical buying.
100916 MET jul 97
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