CIJENE KAVE NA BURZI U NEW YORKU

CIJENE KAVE U NEW YORK-U SAD - KAVA trgovačke spot cijene 16. siječnja 1998. Differentials /spot/ ZADNJA Santos 4's 14 cts over "C" 181.05 N Colombian MAMs 16 cts over "C" 183.05 N El Salvador 7 cts over "C" 174.05 N Mexican 4 cts over "C" 171.05 N Guatemala 7 cts over "C" 174.05 N Peru 4 cts over "C" 171.05 N Uganda Pmy Robs 10 cts over London 88.15 N Indonesia EK1 2 cts over London 80.15 N Ecuador Ext Sup 18 cts under "C" 149.05 N NEW YORK - KAVA cijene pri zatvaranju burze 16. siječnja 1998. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE MAR8 166.75 168.75 169.35 165.50 166.75 167.05 1 MAY8 161.50 163.00 163.50 160.00 161.00 161.20 1 JUL8 155.50 157.25 158.00 154.50 155.50 155.50 1 SEP8 150.00 151.00 151.00 148.00 149.25 149.50 1 DEC8 142.50 144.50 145.25 142.50 143.40 143.45 1 MAR9 140.50 140.00 140.50 140.50 140.00 140.10 1 MAY9 135.00 138.00 138.25 1 CSCE coffee ends lower on origin, spec selling NEW YORK, Jan 16 (Reuters) - CSCE coffee futures ended moderately lower in uneventful trading on Friday, pressured by a combination of steady origin price-fixing and light speculative liquidation, traders said. "Origin brought this market down," said one trader. March arabicas fell 1.15 cents per lb on the day, to 167.05 cents, after ranging between 169.35 and 165.50 cents. Second-month May ended 1.50 cents lower, at 161.20 cents, while the rest of the board settled unchanged to down 1.30 cent. The March/May switch widened to 5.85 cents, compared with 5.50 cents at the close on Thursday. Arabica prices defied pre-opening expectations and headed higher at the outset, bolstered by commission house house buying, traders said. But persistent scale-up selling by origin cut gains and prevented the March contract from breaching key resistance at 170-171 cents per lb, they said. "There was a lot of origin selling," said a trader. "This market was not going to go through 170." A spate of options-related selling and scattered liquidation by locals and speculators helped drive prices into negative territory. March slipped through light support at 167.50 cents, but the next support level at 165 cents proved impenetrable. Traders said a drawdown in U.S. consumer coffee stocks in December was in line with expectations and had little impact on prices. Supplies of green coffee stored in U.S. warehouses fell in December by 87,000 60-kg bags, to 1,428,000 bags, the Green Coffee Association of New York reported on Thursday. Most traders had expected stocks in December to decline by around 100,000 bags compared with November inventory levels. Technically, after 165 cents, traders pegged March support at 163 cents, with a strong downside hurdle seen around 158 cents. Resistance was still expected at 170-171 cents, followed by 173 and 175 cents. Traders await the bi-weekly CFTC Commitment of Traders report due late Friday. They expected the data to show speculators (non-commercials and nonreportables) to be net long some 10,000 to 11,000 lots. The previous CFTC data showed speculators were net long 10,197 lots as of December 30. Turnover was light ahead of the three-day U.S. holiday weekend, at an estimated 5,117 lots. CSCE will be closed on Monday for Martin Luther King, Jr Day. 191037 MET jan 98