CIJENE PAMUKA +GTR US

CIJENE PAMUKA +GTR US U.S. pamuk prodaja na tržištu - 17. veljače 1998. _________________________________________________________________ Ukupna prodaja na 7 tržišta u SAD-u 11,243 ( 14,593 prijašnji dan) Prosiječna cijena 1-1/16 inch cotton 63,52 centi (64,05 prijašnji dan) _________________________________________________________________ NEW YORK - pamuk zatvaranje - 17. veljače 1998. _________________________________________________________________ MJE. ZADNJA OTVA NAJ- NAJ- ZATVA- NAGODBE RANJE VIŠA NIŽA RANJE MAR8 65.95 65.90 66.05 65.60 65.85 65.94 MAY8 67.20 67.25 67.38 66.92 67.10 67.13 JUL8 68.35 68.60 68.70 68.25 68.30 68.32 OCT8 70.60 70.85 70.95 70.50 70.50 70.51 DEC8 72.00 72.25 72.35 71.90 71.90 71.96 MAR9 73.00 73.35 73.40 73.00 72.95 73.00 MAY9 73.90 73.90 74.00 73.90 73.55 73.60 JUL9 74.10 74.40 74.15 74.10 74.00 74.05 OCT9 72.80 72.80 72.90 DEC9 72.55 72.50 72.65 NYCE cotton ends lower for third straight session NEW YORK, Feb 17 (Reuters) - NYCE cotton futures ended lower for the third session in a row on Tuesday, pressured by speculative selling amid renewed concerns about the impact China's import policy will have on U.S. exports, market sources said. "The news was terribly bad today for cotton," said Refco Inc analyst Ann Prendergast. "China import quotas make everyone worry U.S. exports might be in jeopardy." Benchmark March cotton closed 0.30 cent lower, at 65.94 cents, its lowest settlement since January 29, after ranging between 66.05 and 65.60 cents. Second-month May fell 0.54 cent to 67.13 cents, while the remaining months finished unchanged to down 0.70 cent. On Tuesday, Chinese traders said cotton imports into China had slowed sharply because of uncertainty about the government's plans to issue import quotas. The traders said cotton imports were piling up at Chinese port warehouses while buyers waited for the issuance of quotas. The quota system is the latest element of the government's policy to promote the use of domestic cotton over imports in the face of mounting stocks of Chinese cotton. "The uncertainty is still there," said one trader. "People think there will be cancellations to China." He added, "If you're going to worry about something, I guess it's as good as anything else, but it's nothing new. I think there's just a bearish overall atmosphere." In other news from China, the China Enterprise News reported Tuesday that supply of cotton in China is expected to meet demand of 5.0 million tonnes this year. Cotton output in China was expected to reach 4.0 million tonnes in 1998, the newspaper said. But total supply of cotton, which included stockpiles, would reach 5.0 million tonnes this year, it said. Traders await the weekly spec/hedge report due before the opening bell on Wednesday. They expected the NYCE data to a reduction in the speculative net short position to around 10 percent, compared with 16.5 percent the previous week. Volume Tuesday was brisk at an estimated 25,000 lots, compared with Friday's official tally of 22,220 lots. 181129 MET feb 98