Closed mixed and kept quiet (Aug.25, 2005)
Author:
admin
PublishDate:
2005-08-26 09:47:00
Hit:
550
Electronic contract prices consolidated quietly in narrow ranges on Thursday following the previous bounce. Almost all delivery months closed higher or lower slightly. The market moved in a relatively balanced range, which showed the lack of direction. For the moment, the strong price of front months and relatively weak price of later months still existed.
Today was the delivery day for August Dried cocoon and Raw silk. End millers but not speculators took mostly deliveries.