CIJENE PAMUKA +GTR US

CIJENE PAMUKA +GTR US U.S. pamuk prodaja na tržištu - 12. veljače 1998. _________________________________________________________________ Ukupna prodaja na 7 tržišta u SAD-u 16,613 ( 26,635 prijašnji dan) Prosiječna cijena 1-1/16 inch cotton 64,33 centi (64,54 prijašnji dan) _________________________________________________________________ NEW YORK - pamuk zatvaranje - 12. veljače 1998. _________________________________________________________________ MJE. ZADNJA OTVA NAJ- NAJ- ZATVA- NAGODBE RANJE VIŠA NIŽA RANJE MAR8 66.85 67.11 67.15 66.75 66.76 66.81 MAY8 68.30 68.42 68.55 68.20 68.20 68.23 JUL8 69.65 69.80 69.89 69.55 69.60 69.64 OCT8 71.80 71.75 71.80 71.80 71.75 71.78 DEC8 72.95 73.00 73.05 72.85 72.92 72.93 MAR9 73.91 73.95 73.91 73.91 73.95 73.98 MAY9 74.45 74.40 74.45 74.45 74.45 74.50 JUL9 74.90 75.00 75.03 OCT9 73.00 72.90 73.00 DEC9 72.75 72.80 72.90 NYCE cotton futures end weaker in light trading NEW YORK, Feb 12 (Reuters) - NYCE cotton futures ended weaker in dull trade Thursday, with a late round of local selling pushing prices toward session lows, market sources said. "Locals sold it at the end and that's why it went down," said one trader. "There's really not much else to speak of." Benchmark March cotton closed 0.30 cent lower, at 66.81 cents, after ranging narrowly between 67.15 and 66.75 cents. Second-month May fell 0.29 cent to 68.23 cents, while the remaining months finished unchanged to down 0.13 cent. New York cotton futures eased from the outset, as light speculative and trade selling put prices under pressure, traders said. Most traders said the USDA's weekly export figures released this morning were viewed as neutral, but some traders noted new sales were toward the lower end of expectations and may have dampened sentiment. USDA reported new sales in the week ended February 5 totaled 85,600 running bales. Traders had expected new sales of between 75,000 and 125,000 running bales. "New sales were not quite as good as I thought they would be," said a trader. "I think that's the reason we were down. there wasn't any other news today." USDA also reported net Upland sales of 60,700 running bales were off one-third from the previous week and 40 percent from the four-week average. Shipments of 170,200 RB were nine percent less than the prior week, but equaled the four-week average, USDA said. Some traders said the market appeared to be in a sideways mode, with prices stuck between technical parameters. On the charts, they pegged March support at 66.50 cents, followed by 66.00 cents. On the upside, resistance was seen at 68.00 cents. Other traders said the market was likely to begin focusing on squaring positions ahead of March first notice day on February 23. "I think you're going to see people evening up positions and a lot more switches," said a trader. "I think March/May is going to narrow because not much tenderable cotton is coming to the board and there's low stocks." NYCE reported Thursday that certificated cotton stocks deliverable against the exchange totaled 54,245 bales as of February 11, down two bales from the previous session. Volume Thursday was unimpressive at an estimated 7,500 lots, down from Wednesday's official tally of 10,497 lots. 131318 MET feb 98