CIJENE PAMUKA NA BURZI U NEW YORKU

U.S. pamuk prodaja na tržištu - 10. veljače 1997. _________________________________________________________________ Ukupna prodaja na 7 tržišta u SAD-u 18,182 (29,165 prijašnji dan) Prosiječna cijena 1-1/16 inch cotton 70,40 centi (70,63 prijašnji dan) _________________________________________________________________ NEW YORK - pamuk zatvaranje - 11. veljače 1997. _________________________________________________________________ MJE. ZADNJA OTVA NAJ- NAJ- ZATVA- NAGODBE RANJE VIŠA NIŽA RANJE MAR7 73.90 74.20 74.40 73.40 73.80 73.85 MAY7 75.40 75.60 75.85 75.06 75.30 75.37 JUL7 76.45 76.51 76.85 76.20 76.35 76.35 OCT7 76.40 76.75 76.85 76.40 76.40 76.40 DEC7 76.50 76.75 76.95 76.30 76.50 76.55 MAR8 77.65 77.65 77.75 77.65 77.30 77.35 MAY8 78.25 78.20 78.25 78.25 78.00 78.12 JUL8 78.60 78.50 78.70 78.50 78.60 78.65 OCT8 77.00 77.00 77.30 DEC8 76.00 75.70 75.90 NYCE cotton settles lower ahead of USDA Feb report NEW YORK, Feb 11 Reuter) - NYCE cotton futures settled weaker on speculative and fund selling ahead of USDA's February supply and demand estimates. Analysts expect USDA to raise its forecast for 1996/97 exports to between 6.4 million and 6.6 million bales, from 6.3 million bales in January. USDA will issue its report Wednesday at 0830 EST. Despite bullish fundamental expectations, technical trade pushed the spot-March contract through several support targets. The contract fell under support at 73.50 cents a lb to a low of 73.40 cents. Traders pegged support below that level at 73.20 and then at 73.00 cents. The persistent selling eroded trade buying, which had held prices earlier in the session, floor sources said. March closed down 0.41 cent at 73.85 cents after trading from 74.40 to 73.40 cents. The back months ended down 0.57 to 0.27 in volume estimated at 15,000 lots. Analysts said recent U.S. sales and dwindling foreign supplies could prompt USDA to raise its export forecast to between 6.4 million and 6.6 million 480-lb bales, from 6.3 million bales in January. 120953 MET feb 97