CIJENE ŠEĆERA NA BURZI U NEW YORKU

CIJENE ŠEĆERA NA BURZI U NEW YORK-U NEW YORK - Šećer br.11 cijene pri zatvaranju burze 16. siječnja 1998. POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBA MAR8 11.21 11.21 11.30 11.12 11.18 11.20 MAY8 11.09 11.13 11.16 11.02 11.07 11.08 JUL8 10.96 10.98 11.02 10.90 10.96 10.97 OCT8 10.96 10.95 11.02 10.91 10.96 10.96 MAR9 10.99 10.93 11.00 10.91 10.97 10.98 MAY9 10.94 10.92 10.94 10.92 10.95 10.97 JUL9 10.92 10.90 10.93 10.90 10.96 10.96 OCT9 10.93 10.90 10.93 10.90 10.91 10.92 CSCE world sugar ends up in minor retracement NEW YORK, Jan 16 (Reuters) - CSCE world sugar prices eked out narrow gains Friday, but the market barely made a dent in the heavy losses racked up the previous day. Benchmark March futures rose 0.03 cent a lb to close at 11.20 cents, after trading from 11.12 to 11.30 cents a lb. May futures rose 0.01 to 11.08, while the back months finished between 0.03 and 0.6 higher. After an early decline to new six-month lows, a mixture of trade and speculative short-covering helped to push the market higher by mid-morning. Commodity funds remained good sellers for most of the session, preventing a more substantial correction, dealers said. World sugar prices tumbled three percent on Thursday, pressured by an increasingly bearish technical picture and ongoing concern about the economic crisis in Asia. Commitment of Traders data due out later Friday would likely show that the funds had erased the enormous net long stance they held a month ago, dealers said. The figures will only reflect trades posted through January 13, however, and traders said funds have extended their short position since then. While Russia is thought to have been a steady buyer of raw sugar in the physical market all week long, dealers said the purchases were not enough to restore confidence in the market. "The corretion is going to be limited unless you start to get some significant physical offtake," one broker said. The day's trading volume was heavy, at an estimated 50,027 lots. The Coffee, Sugar and Cocoa Exchange will be closed Monday, January 19, in observance of Martin Luther King, Jr. Day. 191037 MET jan 98