CIJENE ŠEĆERA NA BURZI U NEW YORK-U

CIJENE ŠEĆERA NA BURZI U NEW YORK-U NEW YORK - Šećer br.11 cijene pri zatvaranju burze 09. veljače 1998. POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBA MAR8 10.78 10.79 10.82 10.73 10.77 10.78 MAY8 10.59 10.55 10.62 10.53 10.58 10.59 JUL8 10.45 10.38 10.46 10.37 10.45 10.45 OCT8 10.49 10.41 10.49 10.41 10.48 10.49 MAR9 10.59 10.51 10.61 10.51 10.58 10.59 MAY9 10.59 10.48 10.59 10.57 10.58 10.58 JUL9 10.58 10.46 10.58 10.55 10.57 10.57 OCT9 10.55 10.38 10.55 10.55 10.50 10.52 CSCE world sugar ends slightly higher NEW YORK, Feb 9 (Reuters) - CSCE world sugar prices ended slightly higher Monday, recovering partially from two days of sharp falls late last week that took the nearby active contract to its lowest level in nine months. "It appears that world sugar production and consumption are becoming more balanced than they were at the start of the season," Salomon Smith Barney analyst, Walter Spilka, said. "This implies that prices will likely stay range bound near term and we look for prices to spend most of their time between 11.00 and 12.00 cents." CSCE March sugar ended up 0.07 cent at 10.78 cents a pound, after trading a 10.82-10.73 cent range, inside Friday's range. CSCE world sugar volume was estimated at 20,000 lots Monday, after open interest rose 5,109 lots Friday to 221,541 contracts, as funds added to short positions. Momentum oscillators on the daily charts now look oversold, but the March contract's five-day moving-average remains well below its 20-day and 50-day moving averages, suggesting the five-week downtrend is still intact, analysts said. The 1997/98 season had begun with forecasts of the first supply/demand deficit since 1993/94, leading to a drawdown in world stocks and sugar prices climbed to six month highs near the end of 1997. "Given the recent price activity, it looks like the deficit may in fact be smaller," Spilka said. 101351 MET feb 98