CIJENE PAMUKA NA BURZI U NEW YORKU

U.S. pamuk prodaja na tržištu - 24. prosinca 1997. _________________________________________________________________ Ukupna prodaja na 7 tržišta u SAD-u 17,581 (29,079 prijašnji dan) Prosiječna cijena 1-1/16 inch cotton 64,30 centi (64,20 prijašnji dan) _________________________________________________________________ NEW YORK - pamuk zatvaranje - 24. prosinca 1997. _________________________________________________________________ MJE. ZADNJA OTVA NAJ- NAJ- ZATVA- NAGODBE RANJE VIŠA NIŽA RANJE MAR8 67.58 67.43 67.65 67.25 67.55 67.57 MAY8 68.75 68.75 69.00 68.60 68.75 68.83 JUL8 70.10 70.10 70.20 69.92 70.10 70.10 OCT8 72.00 72.00 72.00 72.00 71.95 72.00 DEC8 72.65 72.60 72.70 72.60 72.65 72.67 MAR9 73.70 73.75 73.77 MAY9 74.00 74.25 74.30 JUL9 74.40 74.75 74.80 OCT9 74.00 74.25 74.30 DEC9 72.50 73.00 73.10 NYCE cotton ends higher in range-bound trading NEW YORK, Dec 24 (Reuters) - NYCE cotton futures edged higher in lifeless trading in an abbreviated session, remaining confined within the previous session's range. The mild upside bias was derived from news that the International Monetary Fund would be providing an additional $2 billion in aid to South Korea, bringing the its aid packaged to $23 million, one analyst said. Benchmark March cotton rise 0.14 cent per lb on the day, to 67.57 cents, after ranging between 67.65 and 67.25 cents. Second-month May closed 0.14 cent higher at 68.83 cents, while the rest of the board finished up 0.10 to up 0.25 cent. "The only news in the market was the expansion of aid to South Korea," said Sharon Johnson, an analyst with Frank Schneider, "Southeast Asia being a major importer of Western cotton." But she acknowledged that volume was thin on the floor. "Estimated volume was only 3,000 lots," she said. "So if the market did trade off of South Korea, you'd barely notice it." From a technical standpoint, a short-term uptrend is forming from the December 15 high of 65.75 cents a lb in the active March contract, providing support in Wednesday's market at the intra-day low 67.25 cents a lb. 291155 MET dec 97