CIJENE PAMUKA NA BURZI U NEW YORKU

U.S. pamuk prodaja na tržištu - 11. lipnja 1997. _________________________________________________________________ Ukupna prodaja na 7 tržišta u SAD-u 14,960 ( 1,854 prijašnji dan) Prosiječna cijena 1-1/16 inch cotton 70,10 centi (70,09 prijašnji dan) _________________________________________________________________ NEW YORK - pamuk zatvaranje - 11. lipnja 1997. _________________________________________________________________ MJE. ZADNJA OTVA NAJ- NAJ- ZATVA- NAGODBE RANJE VIŠA NIŽA RANJE JUL7 73.69 72.80 73.70 72.80 73.55 73.64 OCT7 75.50 74.90 75.70 74.80 75.50 75.55 DEC7 76.20 75.25 76.20 75.25 76.10 76.15 MAR8 77.20 76.40 77.20 76.50 77.20 77.20 MAY8 77.75 77.10 77.75 77.10 77.75 77.75 JUL8 77.25 77.30 77.40 77.25 77.85 77.88 OCT8 75.00 75.90 76.00 DEC8 75.15 74.10 75.20 74.50 75.00 75.08 MAR9 75.25 76.00 76.05 MAY9 75.25 76.25 76.35 NYCE cotton ends up sharply on shortcovering NEW YORK, June 11 (Reuter) - NYCE cotton futures closed sharply higher after a long-awaited speculative shortcovering rally propelled prices to recent highs, trading sources said. An early move over resistance at 73.50 cents a lb in July delivery attracted additional shortcovering, which carried the contract to the day's high of 73.70 cents. The trade emerged as a seller and blunted the rally, but prices held most of their gains by the close. Resistance was pegged at 73.90 cents, the high reached on June 2, and then at 74.10 cents, where traders expect to uncover buy stops. July cotton contract closed 1.12 cents higher at 73.64 cents after trading from 73.70 to 72.80 cents. New-crop December went out up 1.19 cents at 76.15 cents. USDA June supply and demand report, released Thursday at 0830 EDT, is not expected to show any revisions to the U.S. crop, analysts said. They expect USDA to lower its estimate of China's ending stocks and Argentina's crop, and raise its estimate of Australia's crop, for the 1996/97 season. May's report pegged the U.S. 1997/98 cotton crop at 18.5 million 480-lb bales. Exports were seen at 7.3 million bales, and ending stocks at 4.25 million bales. A brisk 20,000 lots were estimated to have changed hands on the day, compared with Tuesday's official 10,489 lots, NYCE said. 121016 MET jun 97