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CIJENE PAMUKA NA BURZI U NEW YORKU

U.S. pamuk prodaja na tržištu - 20. kolovoza 1996. _________________________________________________________________ Ukupna prodaja na 7 tržišta u SAD-u 6,439 ( 4,686 prijašnji dan) Prosiječna cijena 1-1/16 inch cotton 75,68 centi (75,05 prijašnji dan) _________________________________________________________________ NEW YORK - pamuk zatvaranje - 20. kolovoza 1996. _________________________________________________________________ MJE. ZADNJA OTVA NAJ- NAJ- ZATVA- NAGODBE RANJE VIŠA NIŽA RANJE OCT6 72.90 72.26 73.10 72.22 72.90 73.00 DEC6 73.40 72.60 73.45 72.60 73.35 73.40 MAR7 74.80 74.10 74.85 74.05 74.80 74.83 MAY7 75.15 74.80 75.60 74.80 75.60 75.60 JUL7 76.20 75.65 76.20 75.80 76.20 76.20 OCT7 75.60 75.40 75.50 DEC7 74.85 74.60 74.85 74.60 74.85 74.85 MAR8 75.50 75.50 75.60 MAY8 76.20 76.40 76.45 JUL8 76.40 76.60 76.70 NYCE cotton ends up on technicals, fear of storm NEW YORK, Aug 20 (Reuter) - NYCE cotton futures closed firmer on local buying and interest by one major U.S. merchant, which buoyed prices on the close, market sources said. They attributed today's move to mostly technically inspired buying following four consecutive days of losses. "We retraced 62.5 percent from last week's runup," said Sharon Johnson, an analyst with Frank Schneider and Co Inc. While Tropical Storm Dolly was nearing Mexico's Yucatan Peninsula and could dump heavy rain on U.S. cotton-growing regions, the storm was not likely to harm crops. Nonetheless, the sudden news of the storms may have prompted some of today's buying, sources said. "At this point, the rains would probably be more beneficial but the specs may not know that," Johnson said. Support in December was pegged between 72.50 and 72.25, while resistance was seen between 74.00 and 74.50. The December contract closed up 0.89 at 73.40, having ranged from 73.45 to 72.60. October ended up 0.88 at 73.00, while the back months finished 0.93 to 0.18 firmer. Volume was estimated at 5,500 lots. 211056 MET aug 96

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