U.S. pamuk prodaja na tržištu - 10. rujna 1996.
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Ukupna prodaja na 7 tržišta
u SAD-u 817 ( 7,805 prijašnji dan)
Prosiječna cijena 1-1/16 inch cotton
73,96 centi (73,86 prijašnji dan)
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NEW YORK - pamuk zatvaranje - 10. rujna 1996.
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MJE. ZADNJA OTVA NAJ- NAJ- ZATVA- NAGODBE
RANJE VIŠA NIŽA RANJE
OCT6 71.95 71.80 72.05 71.45 71.85 71.90
DEC6 73.00 72.85 73.20 72.60 73.00 73.07
MAR7 74.25 74.00 74.40 73.90 74.25 74.25
MAY7 75.05 74.75 75.20 74.75 75.05 75.12
JUL7 75.60 75.50 75.70 75.40 75.70 75.70
OCT7 76.00 75.75 76.00 76.00 76.40 76.60
DEC7 76.25 75.50 76.25 75.55 76.25 76.25
MAR8 76.35 76.90 77.00
MAY8 76.75 77.40 77.50
JUL8 77.65 77.00 77.65 77.65 77.60 77.70
NYCE cotton ends firmer ahead of USDA report
NEW YORK, Sept 10 (Reuter) - NYCE cotton futures ended
slightly higher Tuesday, buoyed by a late-session bout of
trade and local buying, but dealers said activity was cautious
ahead of Wednesday's USDA report.
"It was quiet most of the day," one trader said. "The
market stalled in front of this report."
The September USDA crop report is due Wednesday at 0830
EDT.
Industry analysts pegged the USDA's production estimate
between 18.3 million and 18.8 million 480-lb bales, with most
expectations at the high end of the range. But the trader said
he heard one estimate as low as 17.9 million bales.
In August, the U.S. Department of Agriculture put
production at 18.577 million bales. They estimated exports
would come in at 6.6 million bales and ending stocks at 4.0
million bales..
In his speech at the Western Cotton Conference in
California Friday, closely watched cotton merchant William B.
Dunavant put U.S. 1996/97 cotton production at 18.65 million
480-lb bales and exports at 6.0 million bales. He estimated
ending stocks at 4.7 to 4.8 million bales.
NYCE cotton ends firmer ahead of USDA report =2
The benchmark December contract settled up 0.22 cent a lb,
at 73.07, after trading from 73.20 to 72.60. Front-month
October ended 0.14 firmer, at 71.90, while the back months
finished 0.12 to 0.75 higher.
Technically, traders pegged December support at 72.50,
while resistance was seen near 74.20.
Volume was estimated at 7,500 lots.
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