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CIJENE ŠEĆERA NA BURZI U NEW YORKU

CIJENE ŠEĆERA NA BURZI U NEW YORK-U NEW YORK - Šećer br.11 cijene pri zatvaranju burze 16. svibnja 1997. POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBA JUL7 10.97 11.02 11.05 10.95 10.96 10.97 OCT7 10.80 10.80 10.84 10.76 10.78 10.80 MAR8 10.73 10.72 10.77 10.70 10.73 10.73 MAY8 10.65 10.65 10.69 10.65 10.67 10.68 JUL8 10.63 10.61 10.64 10.61 10.62 10.63 OCT8 10.52 10.56 10.56 MAR9 10.49 10.50 10.49 10.49 10.49 10.54 MAY9 CSCE world sugar ends lower and below key level NEW YORK, May 16 (Reuter) - CSCE world sugar futures settled a thinly traded session lower as a dearth of fundamental news and upcoming industry events kept the market within a tight range, traders said. The July contract closed 0.04 cent weaker at 10.97 cents per lb, having ranged from 11.05 to 10.95. The outer contracts closed 0.01 lower to 0.04 higher. An estimated 8,668 lots changed hands against Thursday's official 7,248 lots. Technically, a close below key 11.00 cents does not bode well for higher prices next week. But with many players in New York for the annual U.S. Cane Sugar Refiners' Association dinner on Wednesday, activity could remain rangebound and thin, industry sources said. Support was pegged at 10.92 and then 10.85 cents for July sugar, with resistance at 11.11 and then 11.20 cents. 191204 MET may 97

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