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CIJENE KAVE 25.02.1998.

CIJENE KAVE 25.02.1998. SLUŽBENE CIJENE NA ZATVARANJU LONDONSKE BURZE 25.02.1998. cijene su u lotovima - 1lot iznosi pet metričkih tona MJESEC POSLJEDNJA PONUDA POTRAŽNJA NAJVI-ŠA NAJNI-ŽA PRIJA.ZATVA. KOLIČINA OPEN INT. MAR 98 1772 1770 1773 1772 1753 1765 1502 10693 MAY 98 1766 1765 1766 1766 1745 1760 1430 23388 JUL 98 1737 1741 1744 1745 1724 1740 256 3398 SEP 98 1718 1720 1724 1718 1702 1723 128 1929 NOV 98 1685 1693 1704 1685 1685 1699 24 399 JAN 99 1665 1668 1684 1665 1665 1684 24 38 MAR 99 1642 1664 1664 6 UKUPNA KOLIČINA 5561 02/25 LIFFE COFFEE ENDS HIGHER;SPECULATIVE LONGS ROLL OUT OF MARCH LONDON (DOW JONES)--ROBUSTA COFFEE FUTURES AT LIFFE CLOSED SLIGHTLY HIGHER WEDNESDAY, WITH MARCH/MAY SWITCHING ACCOUNTING FOR THE BULK OF BUSINESS AS SPECULATIVE LONGS CONTINUED TO ROLL THEIR POSITIONS FORWARD AHEAD OF THE FIRST NOTICE DAYS FOR DELIVERIES ON MARCH 2, SAID BROKERS. 'FUND LONGS ARE STILL ROLLING INTO MAY AND WITH OPEN INTEREST ON MARCH STILL AT 10,960 LOTS THEY'VE STILL GOT SOME MORE TO DO BEFORE NEXT WEEK,' SAID A BROKER FROM A EUROPEAN TRADE HOUSE. (CLOSING PRICES AT LIFFE AND CSCE PRICES AT 1700 GMT IN DOLLARS/METRIC TON AND DOLLARS/POUND.) LIFFE CHANGE RANGE CSCE CHANGE MAR 1,771 +6 1,769-1,753 MAR 1.7300 -5.50CT MAY 1,765 +5 1,762-1,745 MAY 1.7025 +0.50CT A TOTAL OF 3,067 LOTS WERE TRADED IN THE COURSE OF THE DAY. LIGHT TRADE BUYING WAS ALSO SEEN ON MARCH AND MAY BUT THIS WAS LARGELY OFFSET BY PRODUCER HEDGE SELLING, SAID BROKERS. THE BELIEF THAT MOST OF THE COFFEE STOCK CERTIFIED FOR DELIVERY AGAINST LIFFE -- OVER 5,000 LOTS (5-TONS EACH) IS IN THE HANDS OF A MAJOR U.S. TRADE HOUSE, CONTINUES TO UNDERPIN NEARBY PRICES, SAID BROKERS. CONCERN ABOUT THE IMPACT OF EL NINO-INDUCED DROUGHT ON CROPS IN INDONESIA, AND TO SOME EXTENT, VIETNAM, THIS YEAR ALSO CONTINUES TO SUPPORT MARKET SENTIMENT, THEY SAID. 261036 MET feb 98

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