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CIJENE ŠEĆERA

CIJENE ŠEĆERA 20.03.1998. DNEVNA CIJENA ŠEĆERA - LONDON UGOVOR Br.6 FOB 273.60$ - 20.03.1998. cijene u dolarima/H tona - 1 lot=50 tona CIJENA ŠEĆERA NA ZATVARANJU ULONDONU 20.03.1998. MJESEC POTRA-ŽNJA PONUDA NAJVI-ŠA NAJAN-IŽA KOLIČINA lota MAY98 273.30 272.50 273.00 271.10 3591 AUG98 275.20 275.00 275.10 273.40 1110 OCT98 278.00 277.80 278.10 276.40 693 DEC98 280.00 278.80 278.90 278.90 2 MAR99 282.30 280.50 282.00 281.70 60 MAY99 285.30 283.50 285.00 285.00 50 AUG99 288.40 286.50 - - - CIJENE U ČETVRTAK 19.03.1998. NAJVIŠA NAJNIŽA MAY98 273.00 272.20 AUG98 275.00 274.50 OCT98 277.50 277.00 DEC98 280.50 278.00 MAR99 283.40 282.00 MAY99 286.40 284.20 AUG99 289.40 287.20 03/20 LIFFE MAY SUGAR FLAT 273.00 LATE: TRADING AGAINST ACTUALS LONDON (DOW JONES)--WHITE SUGAR FUTURES ON LIFFE WERE UP SLIGHTLY LATE FRIDAY WITH TRADING AGAINST ACTUALS MAKING UP AN IMPORTANT SHARE OF THE ACTIVITY ON THE MAY CONTRACT, TRADERS SAID. 'IT'S BEEN A SIMILAR TO STORY THE LAST COUPLE OF DAYS WITH SOME TRADE PRICING, SOME GENERAL OFFTAKE, ALTHOUGH SOME TRADING AGAINST ACTUALS HAS ADDED TO THE VOLUME OF THE MAY CONTRACT,' SAID ONE TRADER FROM A U.K. TRADE HOUSE. AT 1710 GMT, TOTAL TURNOVER FOR ALL MONTHS WAS 4,615 LOTS. (LONDON PRICES AT 1711 GMT IN DOLLAR/METRIC TON AND CSCE PRICES CENTS/POUND.) LIFFE CHANGE CSCE CHANGE MAY 273.00 +0.40 MAY 9.90 +0.05 AUG 275.00 +0.20 JUL 9.68 0.00 'WE ARE ALSO BEGINNING TO SEE SOME PRODUCER HEDGING BECAUSE THE MARKET IS NOW AT THE BEST LEVEL IT'S BEEN FOR TWO WEEKS,' ADDED THE TRADER. TRADERS IN LONDON WERE HOPING THAT THE NEW YORK RAWS MARKET WOULD GO THROUGH THE PSYCHOLOGICAL 10 CENTS PER POUND BARRIER AND HELP BRING THE LONDON MARKET UP WITH IT, TRADERS SAID. OTHERWISE, SIDEWAYS TRADING IS EXPECTED FOR THE EARLY PART OF NEXT WEEK ON LIFFE, SAID TRADE SOURCES. CSCE RAW SUGAR FUTURES TRADED UP IN NEW YORK FRIDAY WITH MOST OF THE ACTIVITY SEEN ON THE MAY CONTRACT. OVER FOUR TIMES AS MANY LOTS WERE TRADED ON THE MAY CONTRACT AS ON THE AUGUST CONTRACT WHICH SUGGESTS THAT THE NEWS OF POSSIBLE DELAYS FROM BRAZIL WERE HAVING AND EFFECT ON THE MARKET, EXPLAINED TRADERS IN LONDON. 'THE MAY RAWS HAVE TAKEN AN IDENTITY APART FROM THE REST OF THE MARKET,' SAID THE TRADER. 'MOST CONTRACTS ARE EITHER TRADING FLAT OR EDGING UP BEHIND MAY.' THE WHITE OVER RAW SUGAR PREMIUM WAS AT $54.75 A METRIC TON BASIS MAY-MAY. 231037 MET mar 98

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