CIJENE OBOJENIH METALA NA BURZI U LONDONU

LONDONSKA BURZA KOVINA: SLUŽBENE CIJENE 02.06.1997. LME OFFICIAL PRICES - JUN 02 CASH 3 MTHS 15 MTHS 27 MTHS SETT COPPER 2551.0/53.0 2489.0/90.0 2180.0/90.0 2090.0/00.0 2553 (STG EQV) 1563.95 1528.4 TIN 5525/5530 5585/5590 5720/5730 5530 LEAD 614.00/5.00 625.50/6.50 648.00/3.00 615 (STG EQV) 376.75 384.56 ZINC 1302.0/03.0 1324.0/24.5 1268.0/73.0 1223.0/28.0 1303 ALU.HG 1586.0/87.0 1606.0/06.5 1633.0/38.0 1625.0/30.0 1587 NICKEL 6875/6880 6970/6975 7250/7270 7465/7485 6880 ALALLOY 1460.0/65.0 1480.0/85.0 1540.0/60.0 1465 SETTLEMENT RATES - GBP 1.6324 DEM 1.7251 JPY 116.6 LME metals buckle at midsession, copper tumbles LONDON, June 2 (Reuter) - Copper prices spiralled down in Monday ring and kerb LME trading, as pressure built up below the $2,500 a tonne level breached on the pre-market. Other metals cascaded lower as well, as sellers gained the upper hand in aluminium, nickel and zinc, with an easier New York market compounding the trend. "Copper looked tired this morning, and once it got sold off people on the spec side of the market decided to take profits," one trader said. LME warehouse stocks started the week with a small 200-tonne fall - not enough to excite the market - and prices were soon on the retreat. Below $2,500 persistent commission house sales pushed prices down to $2,475 before some trade buying partially arrested the decline. Last three months business on the kerb was at $2,482, a $47 loss from last Friday. There was little significant action in the spreads, with cash/threes trading at $61 backwardation. Analysts said that copper market sentiment may be on the turn, with consumer interest slowing ahead of the seasonally slow third quarter. Supply-side concerns are also fading - the latest being the weekend settlement at Inco Sudbury, as copper is also produced here. The tentative agreement on a new three-year labour contract reached at the Ontario operation also hurt nickel prices, as did a 1,350-tonne increase in LME stocks, traders said. Selling gathered pace under the $7,200 chart level, and the market spent most of the session under $7,000, although there was some scale-down merchant buying. Prices finished the kerb at $6,950, down $250. Aluminium eventually fell back, despite a 3,825-tonne stock fall, and accelerated lower when $1,610 was breached as sell-stops and cash pricing sales were triggered. Final trade was at $1,596, down $23. Zinc's movements were similar to the overall trend, and direction was mostly one way. Short-term technical signals also pressured the market, which was $23 easier at $1,322. At one stage tin seemed to be following the pattern, falling to a 14-1/2 month low of $5,510. But this area uncovered some bargain-hunting buying, and with the market slightly oversold, prices rallied back to end the kerb $5 higher at $5,570. Lead traded quietly, but moved lower and was $11 easier at $622. Alloy was slightly softer at $1,480/85 a tonne. FRANCUSKA BURZA - 30. svibnja 1997. - burza nije radila BAKAR FFR/100 KG 1562 KOSITAR FFR/100 KG 3786 CINK EL. FFR/100 KG 838 ALUMINIJ FFR/100 KG 1260 SREB. C3E FFR/KG 853/1004 PLATINA FFR/KG 65400/95900 PALADIJ FFR/KG 31800/40200 IRIDIJ FFR/KG 23000/45500 KOBALT FFR/100 KG 35832 ŽIVA FFR/100 KG 5200 021559 MET jun 97