CIJENE OBOJENIH METALA NA BURZI U LONDONU

LONDONSKA BURZA KOVINA: SLUŽBENE CIJENE 12.03.1997. LME OFFICIAL PRICES - MAR 12 CASH 3 MTHS 15 MTHS 27 MTHS SETT COPPER 2402.0/03.0 2350.0/51.0 2085.0/95.0 2025.0/35.0 2403 (STG EQV) 1510.66 1480.22 TIN 6005/6015 6010/6015 6050/6060 6015 LEAD 691.00/2.00 692.00/2.50 685.00/0.00 692 (STG EQV) 435.03 436.01 ZINC 1249.0/50.0 1268.0/69.0 1218.0/23.0 1178.0/83.0 1250 ALU.HG 1645.0/45.5 1675.0/75.5 1644.0/49.0 1628.0/33.0 1645.5 NICKEL 7920/7925 8025/8030 8195/8215 8340/8360 7925 ALALLOY 1523.0/28.0 1548.0/50.0 1600.0/20.0 1528 SETTLEMENT RATES - GBP 1.5907 DEM 1.7058 JPY 122.56 LME copper price dips lower in nervous midsession LONDON, March 12 (Reuter) - A perky start for copper on Wednesday failed to follow through into more gains during a nervous London Metal Exchange (LME) midsession. The other metals were steady to firmer, with lead and zinc hanging onto most of their early speculative gains. Three months copper finished the morning kerb just $3 firmer at $2,348 per tonne. But it was near the day's lows after drifting down from a high of $2,369 in what traders said were light volumes. Copper's backwardation came in sharply, undermining the day's firmer beginning. Lending attributed to a U.S. commission house cut the cash to threes to $50/$52 compared to $70 earlier in the week and $90 on Friday. Traders said the $2,330/35 support area would be critical for copper as sell stops lurking below could send prices below $2,300. "If it goes below $2,330, that's it for copper," one trader said. "The market is quite anxious and uncertain about which way it's going." Not helping matters was news that German copper refiner Norddeutsche Affinerie AG (NA) said copper output and sales in the year to September 30, 1997 should be steady or higher than the improved figures reported for 1995/96. Aluminium was little changed at $1,674, down $1 from Tuesday's kerb and about $10 off the day's highs after failing to punch through to the $1,700 resistance level. The biggest gains came for lead and zinc which had jumped higher in the pre-market on a spate of speculative buying. Lead settled at $691, a gain of $20 from Wednesday, and near the day's highs. Its next target was $700 on the upside. "There's no rhyme or reason to it -- nothing fundamental," a trader said. "But it looks good on the charts and if it closes above $682 it's going above $700." Zinc posted fresh 4-1/2 month highs early on, hitting a high of $1,279 before drifting slightly lower. But it was still $19 higher at $1,270 and could have a go at resistance at $1,280, chartists said. Dealers noted a possible underpinning factor in zinc market was expectations that April 1 Japanese GSP imports could be a sizeable 80,000 tonnes. Tin was slightly firmer at $6,000, up $30, as cash/threes continued tightening. It was last indicated at level/$5, compared to $5 in the pre-market and $40 earlier in the week. The tightness in the May/threes period arose when specualtive positions were being rolled forward. Nickel was $30 higher at $8,060, having found solid support just below $6,000. Alloy was last indicated at $1,548/55, from $1,553/55 previously. FRANCUSKA BURZA - 12. ožujka 1997. BAKAR FFR/100 KG 1448 KOSITAR FFR/100 KG 4073 CINK EL. FFR/100 KG 804 ALUMINIJ FFR/100 KG 1200 SREB. C3E FFR/KG 918/1081 PLATINA FFR/KG 62300/92800 PALADIJ FFR/KG 25900/34300 IRIDIJ FFR/KG 29800/52300 KOBALT FFR/100 KG 36243 ŽIVA FFR/100 KG 5200 NJEMAČKA BURZA - 12. ožujka 1997. - u DEM po 100 kg GERMAN ELEKTROLITIK 415.94/427.58 OLOVO U KABELIMA 99.94% 133.50/134.50 121546 MET mar 97