U.S. pamuk prodaja na tržištu - 10. listopada 1996.
_________________________________________________________________
Ukupna prodaja na 7 tržišta
u SAD-u 3,496 ( 3,997 prijašnji dan)
Prosiječna cijena 1-1/16 inch cotton
73,71 centi (74,31 prijašnji dan)
_________________________________________________________________
NEW YORK - pamuk zatvaranje - 10. listopada 1996.
_________________________________________________________________
MJE. ZADNJA OTVA NAJ- NAJ- ZATVA- NAGODBE
RANJE VIŠA NIŽA RANJE
DEC6 75.50 76.20 76.40 75.16 75.30 75.40
MAR7 76.70 77.05 77.25 76.40 76.60 76.65
MAY7 77.40 77.70 77.80 77.10 77.20 77.30
JUL7 77.80 78.00 78.35 77.80 77.80 77.80
OCT7 77.70 77.70 78.10 77.60 77.70 77.70
DEC7 77.15 77.35 77.45 77.15 77.15 77.15
MAR8 77.70 77.80
MAY8 78.00 78.20 78.30
JUL8 78.40 78.50
OCT8
NYCE cotton ends lower, fund selling before data
NEW YORK, Oct 10 (Reuter) - NYCE cotton futures weakened on
persistent fund selling ahead of Friday's USDA supply and demand
data.
Trade buying supported the market at the lows.
December ended down 0.83 cent at 75.40 cents a lb, having
ranged from 76.40 and 75.16. The back months closed 0.80 to 0.40
lower.
Volume was estimated at 7,000 lots.
Market sources pegged the U.S. crop estimate between 18.2
million and 17.5 million 480-lb bales, compared with September's
forecast of 17.9 million bales.
While players do not expect the report to move prices
dramatically, the market closed weaker on several pieces of
bearish news.
Imports for the week ended Oct 6 were only 13,437 bales, but
cumulative imports reached 368,480. The USDA put imports at
500,000 for the season, an estimate that is likely to increase
in Friday's USDA report, market sources said.
Also, the USDA's weekly export report showing new sales of
at 221,000 bales for the week, included two large and probably
one-time purchases to Turkey and Mexico.
Talk about the deteriorating quality of the U.S. crop
continues to haunt the market as sluggish mill demand,
illustrated by lower same-store sales data for September, also
weighs on prices.
"There is just not a lot of demand from the consumer," said
Sharon Johnson, an analyst with Frank Schneider and Co Inc.
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