U.S. pamuk prodaja na tržištu - 16. kolovoza 1996.
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Ukupna prodaja na 7 tržišta
u SAD-u 3,781 ( 6,771 prijašnji dan)
Prosiječna cijena 1-1/16 inch cotton
75,41 centi (76,12 prijašnji dan)
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NEW YORK - pamuk zatvaranje - 16. kolovoza 1996.
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MJE. ZADNJA OTVA NAJ- NAJ- ZATVA- NAGODBE
RANJE VIŠA NIŽA RANJE
OCT6 72.90 73.50 73.60 72.56 72.56 72.72
DEC6 73.00 73.95 74.10 73.00 73.00 73.04
MAR7 74.35 75.15 75.35 74.30 74.30 74.33
MAY7 75.50 76.15 76.15 75.41 75.41 75.41
JUL7 76.01 76.75 76.90 76.01 76.01 76.01
OCT7 75.30 75.50 75.30 75.30 75.35 75.45
DEC7 75.20 75.20 75.20 75.20 75.00 75.00
MAR8 75.70 75.50 75.60
MAY8 76.25 76.25 76.35
JUL8 76.50 76.45 76.50
NYCE cotton ends at lows, Dec nears resistance
NEW YORK, Aug 16 (Reuter) - NYCE cotton futures settled at
the lows for the second consecutive day on mostly trade
selling, but volume remained thin at an estimated 3,500 lots
as players assessed the market's recent action.
Prices have given up nearly all of the gains made in a
speculative rally Monday, which carried December to a high of
75.38. The move was prompted by a U.S. Department of
Agriculture report, which put the 1996/97 crop slightly below
market expectations.
But market sources expect prices to fall further in the
face of the supply and demand picture. Domestic consumption
remains slack while exports are still weak overall despite
Thursday's USDA report showing hefty sales.
Most analysts are skeptical that the U.S. can meet the
USDA's target of 6.6 million bales for the 1996/97 season
given high U.S. prices compared with foreign growths.
The December contract closed 0.91 lower at 73.04, having
ranged from 74.10 to 73.00, where resistance is seen. October
ended off 0.75 to 72.72, while the back months finished 1.20
to 0.15 lower.
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