CIJENE PAMUKA NA BURZI U NEW YORKU

U.S. pamuk prodaja na tržištu - 09. svibnja 1997. _________________________________________________________________ Ukupna prodaja na 7 tržišta u SAD-u 1,238 ( 6,376 prijašnji dan) Prosiječna cijena 1-1/16 inch cotton 68,70 centi (68,80 prijašnji dan) _________________________________________________________________ NEW YORK - pamuk zatvaranje - 09. svibnja 1997. _________________________________________________________________ MJE. ZADNJA OTVA NAJ- NAJ- ZATVA- NAGODBE RANJE VIŠA NIŽA RANJE JUL7 72.00 71.95 72.30 71.68 71.93 71.98 OCT7 73.35 73.40 73.70 73.15 73.35 73.43 DEC7 74.25 74.40 74.67 74.10 74.25 74.32 MAR8 75.70 75.60 75.85 75.45 75.70 75.60 MAY8 76.05 76.20 76.30 JUL8 76.50 76.60 76.70 OCT8 74.50 74.60 74.70 DEC8 73.55 73.55 73.75 73.50 73.55 73.65 MAR9 74.75 74.75 74.85 MAY9 NYCE cotton ends barely down ahead of USDA data NEW YORK, May 9 (Reuter) - NYCE cotton futures settled slightly lower ahead of the U.S. Department of Agriculture's first estimates for the 1997/98 cotton crop. Analysts put the production estimate in a broad range between 17.96 and 18.8 million bales, but stressed that the USDA could easily overestimate the crop based on what many market sources believe is an inflated planted area estimate. The USDA put planted area at 14.485 million acres in its March forecast. Since that time, high soybean prices, a sluggish cotton market and weather-induced planting delays, have probably caused farmers to abandon cotton, analysts said. In West Texas, where planting of the cotton crop is running behind schedule due to cool, wet weather, heavy rain is forecast for the weekend, Weather Services Corp, said. "It rained cats and dogs here last night. People here are worried," a Texas-based trader, said. The most-active July contract ended 0.14 cent weaker at 71.98 cents per lb, having ranged from 72.30 to 71.68 cents. December finished down 0.24 cent to 74.32 cents. Volume was estimated at 9,000 lots compared with Thursday's official 5,222 lots. Support remained at the contract low of 71.00 cents basis July, followed by 70.00 cents. 121203 MET may 97