CIJENE PAMUKA NA BURZI U NEW YORKU

U.S. pamuk prodaja na tržištu - 04. travnja 1997. _________________________________________________________________ Ukupna prodaja na 7 tržišta u SAD-u 516 ( 6,604 prijašnji dan) Prosiječna cijena 1-1/16 inch cotton 69,64 centi (69,14 prijašnji dan) _________________________________________________________________ NEW YORK - pamuk zatvaranje - 04. travnja 1997. _________________________________________________________________ MJE. ZADNJA OTVA NAJ- NAJ- ZATVA- NAGODBE RANJE VIŠA NIŽA RANJE MAY7 72.95 72.30 73.05 72.30 72.95 73.00 JUL7 74.50 73.84 74.55 73.80 74.50 74.53 OCT7 75.40 75.13 75.45 74.80 75.25 75.33 DEC7 76.20 75.90 76.25 75.75 76.20 76.23 MAR8 76.95 76.85 77.20 76.95 77.20 77.20 MAY8 77.70 77.70 77.70 77.70 77.75 77.80 JUL8 77.50 78.10 78.15 OCT8 75.00 75.20 75.35 DEC8 74.62 74.55 74.62 74.62 74.62 74.62 MAR9 75.00 75.30 75.35 NYCE cotton settles firmer and over key level NEW YORK, April 4 (Reuter) - NYCE cotton futures ended the session higher, climbing off of life-of-contract lows hit earlier in the week on the U.S. Department of Agriculture's surprise planting intentions estimate, market sources said. The funds remained steady buyers throughout the day while the locals, caught long, knocked prices off the highs in the afternoon. A late, buying spree by the locals buoyed the market to the day's highs on the close, dealers said. Most-active May settled over resistance pegged at 72.50 cents. The contract closed 0.70 cent higher at 73.00 cents per lb, having ranged from 73.05 to 72.30 cents. The deferred contracts ended unchanged to 0.65 cent firmer. Volume was estimated at 8,000 lots compared to Thursday's official 10,297 lots. The USDA estimate of 14.8 million acres came in higher than the market had anticipated and sent benchmark May to a fresh life-of-contract low of 71.05 cents per lb. Upland cotton area in Texas, the biggest cotton-producing state, was estimated at 5.9 million acres compared with 5.7 million acres of cotton planted last year. Carl Anderson, a cotton marketing specialist with Texas A&M University, said the report is less bearish than it appears. He said lower acreage expected in Californa and the Delta states, key cotton-producing areas, "more than offsets potential increases from more Texas acreage." 070956 MET apr 97