CIJENE KAVE

CIJENE KAVE 22.05.1998. SLUŽBENE CIJENE NA ZATVARANJU LONDONSKE BURZE 22.05.1998. cijene su u lotovima - 1lot iznosi pet metričkih tona MJESEC POSLJEDNJA PONUDA POTRAŽNJA NAJVI-ŠA NAJNI-ŽA PRIJA.ZATVA. KOLIČINA OPEN INT. MAY 98 1999 1995 2000 2000 1945 1975 405 2028 JUL 98 1879 1877 1879 1888 1815 1872 3680 23783 SEP 98 1824 1820 1825 1775 1807 1279 8798 NOV 98 1785 1785 1785 1740 1772 243 2800 JAN 99 1750 1745 1728 1737 6 259 MAR 99 1715 1704 357 MAY 99 1665 1665 1690 1665 1665 1675 7 48 UKUPNA KOLIČINA 3463 05/22 LIFFE COFFEE ENDS A TOUCH HIGHER ON ROASTER BUYING LONDON (DOW JONES)--COFFEE FUTURES IN LONDON CLOSED A TOUCH HIGHER FRIDAY ON ROASTER BUYING AND SPREAD TRADING ACTIVITY LED BY "JOBBERS", SAID BROKERS. "JOBBERS" ARE PARTICIPANTS WHO TRADE THEIR OWN ACCOUNTS RATHER THAN FOR A CLIENT OR A COMPANY. COFFEE FUTURES PLUNGED EARLY IN THE TRADING SESSION, HITTING STOP LOSSES ON THE WAY, TO A LOW OF $1,815 PER METRIC TON. "BUT THE VALUE INCREASED STEADILY WITH INCREASED ROASTER BUYING AND JOBBER ACTIVITY," SAID A BROKER WITH A EUROPEAN TRADE HOUSE. STOP LOSSES ARE PRE-PLACED ORDERS BY INVESTMENT FUNDS AND TRADERS, WHICH DETERMINE AT WHICH LEVEL SELLING SHOULD BE EXECUTED WHEN THE MARKET MOVES DOWNWARD TO AVOID FURTHER LOSSES. (LIFFE CLOSING PRICES FRIDAY IN DOLLARS/METRIC TON AND CSCE TRADING PRICES 1634 GMT IN DOLLARS/POUND.) LIFFE CHANGE VOL RANGE CSCE CHANGE MAY 1999 +24 405 1945-2000 - - JULY 1872 +7 3680 1815-1888 1.3575 +155 SEP 1825 +17 1279 1775-1825 1.3325 +140 CONSIDERABLE TRADING ON THE SPREADS (THE DIFFERENCE BETWEEN MAY- JULY AND JULY- SEPTEMBER POSITIONS) WAS NOTED, WITH THE JUL-SEPT TIGHTENING TO $47/TON FROM $65 IN LATE TRADING. NO FRESH FUNDAMENTAL NEWS EMERGED FRIDAY, AND TRADING AT LIFFE QUIETENED AFTER MIDDAY AS MANY PARTICIPANTS WOUND DOWN BUSINESS AHEAD OF THE BANK HOLIDAY MONDAY IN LONDON. THE LIFFE COFFEE CONTRACT WON'T TRADE MONDAY BECAUSE OF THE U.K. BANK HOLIDAY. 251006 MET may 98