CIJENE OBOJENIH METALA NA BURZI U LONDONU

LONDONSKA BURZA KOVINA: SLUŽBENE CIJENE 19.03.1997. LME OFFICIAL PRICES - MAR 19 CASH 3 MTHS 15 MTHS 27 MTHS SETT COPPER 2376.0/77.0 2336.0/37.0 2090.0/00.0 2040.0/50.0 2377 (STG EQV) 1489.07 1466.36 TIN 6010/6020 5990/6000 6025/6035 6020 LEAD 697.50/8.00 691.00/1.50 672.00/7.00 698 (STG EQV) 437.26 433.89 ZINC 1263.0/63.5 1285.0/85.5 1232.0/37.0 1180.0/85.0 1263.5 ALU.HG 1608.0/09.0 1643.5/44.0 1637.0/42.0 1623.0/28.0 1609 NICKEL 7860/7870 7950/7960 8130/8150 8275/8295 7870 ALALLOY 1505.0/15.0 1535.0/40.0 1585.0/05.0 1515 SETTLEMENT RATES - GBP 1.5963 DEM 1.6827 JPY 123.08 LME prices drift, tin spreads lose steam LONDON, March 19 (Reuter) - Dull activity in LME copper on Wednesday morning put a damper on the rest of the metals complex as prices barely strayed from familiar ranges. Volume in normal market leader copper was very thin as prices lazily drifted up in ring trading from a pre-market visit to slightly lower areas. "It's hardly worth coming in," one floor trader said, adding that many funds were square and had no incentive to re-enter the market at present. Only a break well out of recent ranges might light a fire under the consolidating market, he added. Three months edged down to $2,322, but when it failed to test support at $2,312 or $2,300, the market steadied in the rings and ended only slightly easier at $2,330, down $3. Most price activity over the past week has been contained within the 10-day and 30-day moving averages, which were at $2,353 and $2,331 respectively on Wednesday. The premium of cash over three months firmed marginally to $41/$43. In tin, the spotlight was on spreads after the market flipped into backwardation on Tuesday. But a good deal of the constriction seeped out as the cash/April spread narrowed to a $35 backwardation from $55 on Tuesday afternoon. The benchmark cash/threes spread accordingly came in to a $20 backwardation from as much as $40 on Tuesday and belated borrowing of the previous day's prompt date (tom/next) was level to a $1 backwardation compared to a $5 backwardation previously. "People scrambled to cover because they thought it would roll over, but now it looks like the worst is over," one floor dealer said, adding that fund borrowing last week sparked the tightness. Scant business was done in three months, which finished the kerb $15 weaker at $6,015. Lead came under pressure, slipping below the $700 level to end the morning $18 weaker at $690. The cash/threes spread narrowed a touch to a $5/$6 backwardation. Far Eastern selling hit a thin market and funds which had been considering buying then stepped back, one floor trader said. Prices will have to close above Monday's and Tuesday's high of $710 to stimulate more upside interest, analysts say. Support is pegged at $687. Aluminium held to a tight $8 range after Tuesday's losses, finishing the morning $1 weaker at $1,641. Support is expected at the 30-day moving average of $1,633/4 and then at $1,625. Zinc was lacklustre, finishing $1 softer at $1,289, while aluminium alloy lost $10 to $1,535. FRANCUSKA BURZA - 18. ožujka 1997. BAKAR FFR/100 KG 1413 KOSITAR FFR/100 KG 4050 CINK EL. FFR/100 KG 804 ALUMINIJ FFR/100 KG 1200 SREB. C3E FFR/KG 903/1064 PLATINA FFR/KG 62300/92800 PALADIJ FFR/KG 25900/34300 IRIDIJ FFR/KG 29800/52300 KOBALT FFR/100 KG 36103 ŽIVA FFR/100 KG 5200 NJEMAČKA BURZA - 18. ožujka 1997. - u DEM po 100 kg GERMAN ELEKTROLITIK 405.97/417.46 OLOVO U KABELIMA 99.94% 134.25/135.25 191617 MET mar 97