LONDONSKA BURZA KOVINA: SLUŽBENE CIJENE 26.03.1997.
CASH OD CASH DO 3 MJE OD 3 MJE DO NAGODBA
BAKAR USD/T 2431.0 2432.0 2372.0 2373.0 2432
KOSITAR USD/T 5805 5815 5835 5840 5815
OLOVO USD/T 690.00 692.00 682.00 682.50 692
CINK USD/T 1274.5 1275.0 1294.5 1295.0 1275
ALUMIN. USD/T 1607.0 1608.0 1640.5 1641.0 1608
NIKAL USD/T 7560 7565 7675 7680 7565
AL.LEG. USD/T 1512.0 1515.0 1540.0 1541.0 1515
USD/DEM 1.6925 GBP/USD 1.6210
LME mostly softer at midsession, copper turns tail
LONDON, March 26 (Reuter) - Base metal prices spiralled
lower on the LME during Wednesday ring trading, as early
stability in copper proved illusory and other metals crumbled in
its wake, traders said.
By midsession all metals, with the exception of a dull lead
market, were registering losses, although the pace of trading
was slow. A general lack of upside enthusiasm undermined the
complex, they said.
"There just isn't any volume in copper at the moment, and it
does not appear to be going anywhere," one trader said.
Three months prices again attempted and again failed to
break above $2,380, with the market stalling at $2,385. A
downward drift was hastened by some cash offers and lending of
the spreads, and by the end of the kerb the market was back at
$2,369, an $8 loss from Tuesday's kerb.
There is little physical offtake at present, and with China
still largely on the sidelines, the market is expected to remain
confined to a broad $2,300/2,400 band, with jobbing operations
in reality likely to keep the range even tighter.
Elsewhere in copper, Tuesday's large option turnover, when
some 203,000 lots changed hands, was not seen influencing the
market.
Traders said the business, which ranged from April to
December 1997 was believed to a position switch between two
merchant banks and that the position was probably that built up
by Sumitomo's Hamanaka during his years as the dominant player
in the copper market.
Aluminium, meanwhile, came under pressure when the $1,650
level was breached, with speculative selling confirming the
downward move. Last kerb business was at $1,632, down $21, and
further losses will be sustained if $1,630 gives way.
Nickel fell sharply at times, breaching $7,700 and
triggering some sell-stops, with last kerb trade at $7,670, down
$110. Zinc flattered to deceive, and after turning back from
near $1,300 dropped to $1,293, down $6.
Tin drifted lower, but trade was lacklustre, and last
business was at $5,830, down $15. The lead market, by
comparison, held steady and was $2 up from Tuesday at $681.
A quiet alloy market was little-changed at $1,540/45 a
tonne.
FRANCUSKA BURZA - 26. ožujka 1997.
BAKAR FFR/100 KG 1452
KOSITAR FFR/100 KG 3971
CINK EL. FFR/100 KG 804
ALUMINIJ FFR/100 KG 1200
SREB. C3E FFR/KG 887/1026
PLATINA FFR/KG 59600/90100
PALADIJ FFR/KG 24700/33100
IRIDIJ FFR/KG 25500/48000
KOBALT FFR/100 KG 35712
ŽIVA FFR/100 KG 5200
NJEMAČKA BURZA - 25. ožujka 1997. - u DEM po 100 kg
GERMAN ELEKTROLITIK 413.79/425.28
OLOVO U KABELIMA 99.94% 130.25/131.25
261618 MET mar 97
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