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CIJENE PAMUKA NA BURZI U NEW YORKU

U.S. pamuk prodaja na tržištu - 12. prosinca 1996. _________________________________________________________________ Ukupna prodaja na 7 tržišta u SAD-u 25,449 (50,764 prijašnji dan) Prosiječna cijena 1-1/16 inch cotton 72,61 centi (72,30 prijašnji dan) _________________________________________________________________ NEW YORK - pamuk zatvaranje - 12. prosinca 1996. _________________________________________________________________ MJE. ZADNJA OTVA NAJ- NAJ- ZATVA- NAGODBE RANJE VIŠA NIŽA RANJE MAR7 76.40 75.75 76.60 75.30 76.40 76.45 MAY7 77.30 76.50 77.48 76.45 77.25 77.38 JUL7 78.10 77.20 78.25 77.00 78.10 78.17 OCT7 76.50 77.50 77.55 DEC7 76.90 76.50 77.10 76.40 76.90 76.95 MAR8 77.30 77.75 77.80 MAY8 77.00 78.25 78.30 JUL8 77.80 78.55 78.60 OCT8 77.00 77.50 77.75 DEC8 NYCE cotton ends up after early losses, trade buys NEW YORK, Dec 12 (Reuter) - NYCE cotton futures settled firmer after an earlier fall to support, buoyed by afternoon trade buying and speculative short-covering, dealers said. They blamed initial losses on speculative selling after the U.S. Department of Agriculture issued its December supply and demand report. But a closer look at the data contributed to gains later in the session, they said. The USDA put the 1996/97 crop at 18.738 million 480-lb bales, the third largest U.S. crop ever, compared with a forecast of 18.59 million bales in November. But ending stocks fell from last month and exports were raised, partially offsetting the stronger production figure. "Overall, the report was a wash," a dealer said. March ended up 0.28 at 76.45, traded 76.60 to 75.30 cents. The back months closed unchanged to 0.25 higher. Volume was estimated at 10,000 lots. March support was pegged at today's low of 75.30, a trendline on the daily chart, and then at 74.50, the 40-day moving average. Resistance was pegged between 77.00 and 78.00 in March. 131109 MET dec 96

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