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CIJENE PAMUKA NA BURZI U NEW YORKU

U.S. pamuk prodaja na tržištu - 16. kolovoza 1996. _________________________________________________________________ Ukupna prodaja na 7 tržišta u SAD-u 3,781 ( 6,771 prijašnji dan) Prosiječna cijena 1-1/16 inch cotton 75,41 centi (76,12 prijašnji dan) _________________________________________________________________ NEW YORK - pamuk zatvaranje - 16. kolovoza 1996. _________________________________________________________________ MJE. ZADNJA OTVA NAJ- NAJ- ZATVA- NAGODBE RANJE VIŠA NIŽA RANJE OCT6 72.90 73.50 73.60 72.56 72.56 72.72 DEC6 73.00 73.95 74.10 73.00 73.00 73.04 MAR7 74.35 75.15 75.35 74.30 74.30 74.33 MAY7 75.50 76.15 76.15 75.41 75.41 75.41 JUL7 76.01 76.75 76.90 76.01 76.01 76.01 OCT7 75.30 75.50 75.30 75.30 75.35 75.45 DEC7 75.20 75.20 75.20 75.20 75.00 75.00 MAR8 75.70 75.50 75.60 MAY8 76.25 76.25 76.35 JUL8 76.50 76.45 76.50 NYCE cotton ends at lows, Dec nears resistance NEW YORK, Aug 16 (Reuter) - NYCE cotton futures settled at the lows for the second consecutive day on mostly trade selling, but volume remained thin at an estimated 3,500 lots as players assessed the market's recent action. Prices have given up nearly all of the gains made in a speculative rally Monday, which carried December to a high of 75.38. The move was prompted by a U.S. Department of Agriculture report, which put the 1996/97 crop slightly below market expectations. But market sources expect prices to fall further in the face of the supply and demand picture. Domestic consumption remains slack while exports are still weak overall despite Thursday's USDA report showing hefty sales. Most analysts are skeptical that the U.S. can meet the USDA's target of 6.6 million bales for the 1996/97 season given high U.S. prices compared with foreign growths. The December contract closed 0.91 lower at 73.04, having ranged from 74.10 to 73.00, where resistance is seen. October ended off 0.75 to 72.72, while the back months finished 1.20 to 0.15 lower. 191210 MET aug 96

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