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CIJENE PAMUKA NA BURZI U NEW YORKU

U.S. pamuk prodaja na tržištu - 20. svibnja 1997. _________________________________________________________________ Ukupna prodaja na 7 tržišta u SAD-u 1,270 ( 2,062 prijašnji dan) Prosiječna cijena 1-1/16 inch cotton 69,32 centi (69,49 prijašnji dan) _________________________________________________________________ NEW YORK - pamuk zatvaranje - 20. svibnja 1997. _________________________________________________________________ MJE. ZADNJA OTVA NAJ- NAJ- ZATVA- NAGODBE RANJE VIŠA NIŽA RANJE JUL7 72.40 72.25 73.00 72.25 72.31 72.35 OCT7 73.80 73.75 74.40 73.75 73.80 73.90 DEC7 74.75 74.65 75.20 74.65 74.75 74.77 MAR8 76.35 75.95 76.40 76.15 75.98 76.00 MAY8 76.60 76.60 76.60 76.60 76.65 76.68 JUL8 77.25 76.80 77.25 77.25 77.00 77.05 OCT8 74.80 75.00 75.05 DEC8 74.00 73.85 74.20 74.00 74.00 74.00 MAR9 74.85 74.85 74.90 MAY9 75.30 75.30 75.65 NYCE cotton closes lower, remains in range NEW YORK, May 20 (Reuter) - NYCE cotton futures settled barely weaker and within the recent range as the benchmark July contract failed again to overcome its upside target. Prices opened lower after the U.S. Department of Agriculture issued a better-than-expected planting progress report, late Monday. Speculative short-covering emerged at the low of 72.25 cents in July and lifted prices over unchanged and to a high of 73.00 cents, where trade selling blocked further gains. The contract closed down 0.03 cents at 72.35 cents, having ranged from 73.00 to 72.25 cents. December ended down 0.03 at 74.77 cents. Support remained at 72.00 cents followed by the contract low of 71.00 cents basis the July contract. Firmer resistance was pegged at 74.10 cents, where buy stops are believed to be resting. An estimated 6,000 lots changed hands on the day, compared with Monday's official 7,156 lots. 211051 MET may 97

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