CIJENE PAMUKA NA BURZI U NEW YORKU

U.S. pamuk prodaja na tržištu - 16. svibnja 1997. _________________________________________________________________ Ukupna prodaja na 7 tržišta u SAD-u 16,437 ( 7,622 prijašnji dan) Prosiječna cijena 1-1/16 inch cotton 69,96 centi (70,04 prijašnji dan) _________________________________________________________________ NEW YORK - pamuk zatvaranje - 16. svibnja 1997. _________________________________________________________________ MJE. ZADNJA OTVA NAJ- NAJ- ZATVA- NAGODBE RANJE VIŠA NIŽA RANJE JUL7 73.10 73.28 73.45 72.50 72.95 73.04 OCT7 74.40 74.80 74.85 74.25 74.35 74.38 DEC7 75.25 75.31 75.40 74.85 75.20 75.23 MAR8 76.50 76.50 76.50 76.25 76.40 76.45 MAY8 76.80 77.00 77.00 76.80 77.10 77.15 JUL8 77.30 77.50 77.55 OCT8 75.25 75.50 75.55 DEC8 74.00 74.00 74.15 73.95 74.00 74.00 MAR9 75.00 75.00 75.10 MAY9 75.00 75.70 75.75 NYCE cotton ends barely down, support intact NEW YORK, May 15 (Reuter) - NYCE cotton futures settled barely weaker as the benchmark July contract clung to support through the close. Floor sources said trade and speculative buying held the contract over 73.00 cents, countering light but steady selling by the locals, who pressured the market to the low of 72.50 cents basis July. Despite the slightly negative close, market sources expect gains next week. "Everyone still thinks the downside is limited and that we'll go higher to take out some of the short positions in the market," a trader said, citing light fund short-covering on the close. Nearby resistance was seen at 73.50 and then at 74.10 cents, where buy stops are expected to be resting. July ended 0.12 cent lower at 73.04 cents per lb, having ranged from 73.45 to 72.50 cents. New-crop December finished up 0.07 cent at 75.23 cents. Trade was estimated at 8,000 lots compared with Wednesday's official 8,972 lots. 191206 MET may 97