U.S. pamuk prodaja na tržištu - 05. studenoga 1997.
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Ukupna prodaja na 7 tržišta
u SAD-u 24,402 (24,681 prijašnji dan)
Prosiječna cijena 1-1/16 inch cotton
70,04 centi (70,09 prijašnji dan)
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NEW YORK - pamuk zatvaranje - 05. studenoga 1997.
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MJE. ZADNJA OTVA NAJ- NAJ- ZATVA- NAGODBE
RANJE VIŠA NIŽA RANJE
DEC7 72.09 72.38 72.45 72.09 72.09 72.11
MAR8 73.36 73.40 73.55 73.30 73.36 73.36
MAY8 74.20 74.25 74.35 74.15 74.20 74.21
JUL8 74.80 74.80 75.00 74.75 74.80 74.84
OCT8 75.60 75.30 75.60 75.50 75.40 75.45
DEC8 75.75 75.70 75.80 75.70 75.75 75.75
MAR9 76.55 76.60 76.65
MAY9 76.95 77.00 77.05
JUL9 77.35 77.45 77.50
OCT9 76.75 77.00 77.10
NYCE cotton ends down on light speculative selling
NEW YORK, Nov 5 (Reuters) - NYCE cotton futures ended lower
Wednesday on light speculative selling prompted by expectations
of a better crop estimate in Friday's USDA report, traders said.
December cotton fell 0.27 cent per lb on the day, to 72.11
cents, toward the middle of its 72.09-72.45 range, within the
previous day's trading range.
Second-month March closed 0.22 cent weaker at 73.36 cents,
while the rest of the board ended down 0.05 to 0.19 cent.
December cotton has been locked in a range between 70.80 to
72.85 cents a lb for the last five weeks, with little incentive
to break out in one direction or the other.
"There's just no reason to be overly bullish about this
market," said Sharon Johnson, an analyst with Frank Schneider &
Co. "We've got a good size crop in the Northern Hemisphere.
Demand is off from where it was last year. Cotton prices are
pretty much right where they should be."
She said she expected USDA crop estimate to be unchanged to
slightly higher, with slight increases in China's crop and
slight declines in India and Pakistan's crop, as a result heavy
rains in the region.
061111 MET nov 97
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