U.S. pamuk prodaja na tržištu - 20. kolovoza 1996.
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Ukupna prodaja na 7 tržišta
u SAD-u 6,439 ( 4,686 prijašnji dan)
Prosiječna cijena 1-1/16 inch cotton
75,68 centi (75,05 prijašnji dan)
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NEW YORK - pamuk zatvaranje - 20. kolovoza 1996.
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MJE. ZADNJA OTVA NAJ- NAJ- ZATVA- NAGODBE
RANJE VIŠA NIŽA RANJE
OCT6 72.90 72.26 73.10 72.22 72.90 73.00
DEC6 73.40 72.60 73.45 72.60 73.35 73.40
MAR7 74.80 74.10 74.85 74.05 74.80 74.83
MAY7 75.15 74.80 75.60 74.80 75.60 75.60
JUL7 76.20 75.65 76.20 75.80 76.20 76.20
OCT7 75.60 75.40 75.50
DEC7 74.85 74.60 74.85 74.60 74.85 74.85
MAR8 75.50 75.50 75.60
MAY8 76.20 76.40 76.45
JUL8 76.40 76.60 76.70
NYCE cotton ends up on technicals, fear of storm
NEW YORK, Aug 20 (Reuter) - NYCE cotton futures closed
firmer on local buying and interest by one major U.S.
merchant, which buoyed prices on the close, market sources
said.
They attributed today's move to mostly technically
inspired buying following four consecutive days of losses. "We
retraced 62.5 percent from last week's runup," said Sharon
Johnson, an analyst with Frank Schneider and Co Inc.
While Tropical Storm Dolly was nearing Mexico's Yucatan
Peninsula and could dump heavy rain on U.S. cotton-growing
regions, the storm was not likely to harm crops. Nonetheless,
the sudden news of the storms may have prompted some of
today's buying, sources said.
"At this point, the rains would probably be more
beneficial but the specs may not know that," Johnson said.
Support in December was pegged between 72.50 and 72.25,
while resistance was seen between 74.00 and 74.50.
The December contract closed up 0.89 at 73.40, having
ranged from 73.45 to 72.60. October ended up 0.88 at 73.00,
while the back months finished 0.93 to 0.18 firmer.
Volume was estimated at 5,500 lots.
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