CIJENE PAMUKA NA BURZI U NEW YORKU

U.S. pamuk prodaja na tržištu - 11. listopada 1996. _________________________________________________________________ Ukupna prodaja na 7 tržišta u SAD-u 1,733 ( 3,496 prijašnji dan) Prosiječna cijena 1-1/16 inch cotton 71,57 centi (73,71 prijašnji dan) _________________________________________________________________ NEW YORK - pamuk zatvaranje - 11. listopada 1996. _________________________________________________________________ MJE. ZADNJA OTVA NAJ- NAJ- ZATVA- NAGODBE RANJE VIŠA NIŽA RANJE DEC6 73.10 73.40 73.75 72.90 73.10 73.20 MAR7 74.50 74.60 75.00 74.20 74.40 74.45 MAY7 75.35 75.40 75.50 75.05 75.35 75.35 JUL7 75.70 76.05 77.00 75.70 75.70 75.73 OCT7 76.00 76.00 76.48 76.00 76.30 76.60 DEC7 75.90 75.80 76.25 75.50 75.90 75.90 MAR8 76.40 77.00 77.00 76.40 76.50 76.65 MAY8 77.50 77.00 77.15 JUL8 78.00 77.15 77.23 OCT8 NYCE cotton ends lower on USDA ending stocks data NEW YORK, Oct 11 (Reuter) - NYCE cotton futures closed a heavily-traded session sharply lower in response to the U.S. Department of Agriculture's October supply and demand report, market sources said. December ended down 2.20 at 73.20, having ranged from 73.75 to 72.90. The back months closed 2.20 to 1.10 lower. Volume was estimated at a heavy 22,000 lots. While trade buying kept the market from falling the 3.00-cent daily limit, prices could accumulate additional losses in the coming weeks, market sources said. "I doubt December will hold above 70.00 cents," said Carl Anderson, a cotton marketing specialist with Texas A&M University. "Now, we have enough supply to drive our prices hard on the downside." The USDA increased ending stocks to 4.5 million bales from 3.6 million bales in September, and raised the 1996/97 crop to 18.189 million 480-lb bales from 17.9 million bales. Exports declined to to 5.8 million bales from 6.2 million bales in September. Imports were left unchanged. "With lower prices due to a larger crop and carryover, we could get prices realigned (with world prices) and shift buying back to the U.S.," Anderson explained. He said a strong U.S. dollar could make imports more attractive and exports less favorable, however. 141128 MET oct 96