CIJENE PAMUKA U NA AMERIČKOM TRŽIŠTU

CIJENE PAMUKA U NA AMERIČKOM TRŽIŠTU U.S. pamuk prodaja na tržištu - 09. veljače 1998. _________________________________________________________________ Ukupna prodaja na 7 tržišta u SAD-u 11,496 ( 26,082 prijašnji dan) Prosiječna cijena 1-1/16 inch cotton 64,29 centi (63,51 prijašnji dan) _________________________________________________________________ NEW YORK - pamuk zatvaranje - 09. veljače 1998. _________________________________________________________________ MJE. ZADNJA OTVA NAJ- NAJ- ZATVA- NAGODBE RANJE VIŠA NIŽA RANJE MAR8 67.40 66.80 67.50 66.60 67.40 67.46 MAY8 68.73 67.95 68.74 67.93 68.65 68.71 JUL8 69.90 69.20 69.95 69.20 69.90 69.90 OCT8 72.00 71.40 72.00 71.40 71.80 71.86 DEC8 73.10 72.62 73.20 72.60 73.05 73.08 MAR9 73.55 74.10 74.15 MAY9 74.00 74.70 74.75 JUL9 74.60 75.10 75.15 OCT9 72.75 72.80 73.15 DEC9 72.80 72.75 72.88 NYCE cotton ends up, March near five-week high NEW YORK, Feb 9 (Reuters) - NYCE cotton futures rallied on Monday, with the front two months gaining more than a penny per pound. "It was a very good rally, very orderly," said one dealer. "At the opening we saw some trade buying and there was a lot of spec short- covering in the afternoon." March cotton rose 1.09 cents to 67.46 cents, its highest close in nearly five weeks, after ranging between 67.50 and 66.60 cents. Second-month May ended 1.04 cents higher at 68.71 cents,while he remaining months finished up 0.01 to 0.97 cent. Cotton prices gapped higher at he outset, as options- related buying on the heels of Friday's March options expiration gave the market an immediate jolt, traders said. "A lot of puts were exercised on Friday and the buying at the opening was just covering shorts," said a trader. Upward momentum accelerated after the March contract breached nearby hart resistance at 67.15 cents, touching off buy-stops, traders said. But scale-up selling by the trade prevented a breach of the next resistance level of 67.50 cents, they noted. Some traders said expectations the U.S. Department of Agriculture would increase its estimate for 1997/98 U.S. exports he market a boost. In January, USDA upped its forecast of 1997/98 U.S. exports to 7.3 million versus 7.1 million bales reported in December."People are anticipating better offtake," said Calcot Ltd analyst Jarral Neeper. "And because of that, a little lower ending stocks." U.S. ending stocks were pegged at 4.3 million bales. the USDA said in January. USDA will released its February report on Wednesday, February 11 at 0830 EST. Some traders also noted continued steadiness in Asian financial markets buoyed sentiment and helped ease fears U.S. cotton exports to the Far East could be adversely impacted by economic problems there. Because of Friday's options expiry, NYCE's weekly spec/hedge report will be released Wednesday morning. The NYCE data is normally slated for Tuesday. Volume Monday reached an estimated 15,000 lots, up from Friday's official tally of 10,273 lots. 101355 MET feb 98