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 10. veljače 1998. POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBA MAR8 10.89 10.84 10.91 10.84 10.87 10.88 MAY8 10.69 10.66 10.71 10.65 10.67 10.69 JUL8 10.54 10.51 10.56 10.51 10.52 10.55 OCT8 10.58 10.53 10.58 10.53 10.56 10.58 MAR9 10.67 10.63 10.67 10.63 10.67 10.67 MAY9 10.64 10.64 10.64 10.64 10.66 10.66 JUL9 10.63 10.58 10.63 10.63 10.65 10.65 OCT9 10.60 10.52 10.60 10.60 10.60 10.60 CSCE world sugar stays firmer into close NEW YORK, Feb 10 (Reuters) - CSCE world sugar prices edged higher for the second straight day Tuesday in a continued correction to last week's fall to nine-month lows. The most-active May contract climbed 0.10 cent to 10.69 cents a lb, after spanning a narrow range between 10.65 and 10.71. Nearby March futures also rose 0.10, to 10.88 cents. Dealers said today's upturn was mainly technical in nature, as participants sought to cover short positions. Raw sugar prices have fallen sharply since the beginning of the year amid mounting concern that the economic crisis in East Asia would put a damper on consumer demand there. Buying interest was sighted from both speculators and the trade in today's advance, and the March-May switch was actively traded. Dealers said the options market remained actively traded, as participants sought to adjust positions ahead of this Friday's expiry of the March options contract. Open interest was especially large on March in-the-money puts concentrated on the 12.50-cent strike price. "From a technical point of view the market could continue to head toward 11 cents in the next few days because of the options, but the producer selling is still there at every point," one broker said. An estimated 25,438 lots changed hands on the day, including as many as 3,000 March-May switches, dealers said. 111143 MET feb 98