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CIJENE PAMUKA NA BURZI U NEW YORKU

U.S. pamuk prodaja na tržištu - 02. svibnja 1997. _________________________________________________________________ Ukupna prodaja na 7 tržišta u SAD-u 2,397 (10,467 prijašnji dan) Prosiječna cijena 1-1/16 inch cotton 69,00 centi (68,94 prijašnji dan) _________________________________________________________________ NEW YORK - pamuk zatvaranje - 02. svibnja 1997. _________________________________________________________________ MJE. ZADNJA OTVA NAJ- NAJ- ZATVA- NAGODBE RANJE VIŠA NIŽA RANJE MAY7 70.60 70.30 71.00 70.50 70.60 70.60 JUL7 72.40 72.35 72.90 72.15 72.30 72.40 OCT7 74.05 74.10 74.20 73.80 73.80 73.93 DEC7 74.95 75.20 75.30 74.80 74.90 74.93 MAR8 75.95 76.25 76.30 75.95 76.30 76.15 MAY8 76.60 76.75 76.60 76.60 76.70 76.75 JUL8 77.10 77.00 77.15 OCT8 75.15 75.00 75.15 DEC8 74.10 74.30 74.40 74.10 74.10 74.10 MAR9 75.38 75.00 75.35 75.35 75.35 75.35 NYCE cotton ends barely up but July breaks support NEW YORK, May 2 (Reuter) - NYCE cotton futures settled barely firmer amid trade buying just ahead of the close, dealers said. Most-active July dipped below support which had been cited at the recent low of 72.20 cents a lb and sank to 72.15 cents. The next downside target was pegged at the contract low of 72.05 cents. The most-active July contract ended 0.09 cent firmer at 72.40 cents after trading from 72.90 to 72.15 cents. New-crop December finished down 0.12 cent to 74.93 cents. Volume was estimated at 7,500 lots compared with Wednesday's official 9,916 lots. The trade was cited as a buyer of the July contract and seller of December, while the speculators were on both sides of the market, traders said. "It's definately nail-biting time," Sharon Johnson, an analyst with Frank Schneider and Co Inc, said. She said that while the speculators should begin to cover a large net short position, the market may first have to work lower. Resistance remained at 74.00 cents. 051127 MET may 97

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