CIJENE OBOJENIH METALA NA BURZI U LONDONU

LONDONSKA BURZA KOVINA: SLUŽBENE CIJENE 19.06.1997. LME OFFICIAL PRICES - JUN 19 CASH 3 MTHS 15 MTHS 27 MTHS SETT COPPER 2713.0/14.0 2596.0/98.0 2220.0/30.0 2095.0/05.0 2714 (STG EQV) 1652.96 1586.01 TIN 5570/5575 5615/5620 5755/5765 5575 LEAD 612.50/3.50 625.00/5.50 648.00/3.00 613.5 (STG EQV) 373.65 381.85 ZINC 1366.0/67.0 1386.5/87.0 1313.0/18.0 1260.0/65.0 1367 ALU.HG 1570.0/70.5 1593.5/94.0 1633.0/38.0 1643.0/48.0 1570.5 NICKEL 7080/7081 7190/7192 7460/7480 7685/7705 7081 ALALLOY 1450.0/55.0 1474.0/75.0 1520.0/40.0 1455 SETTLEMENT RATES - GBP 1.6419 DEM 1.7302 JPY 113.35 LME zinc stalls near highs, copper marks time LONDON, June 19 (Reuter) - Activity was muted on the London Metal Exchange (LME) on Thursday with most base metals hovering around Wednesday's closing levels. Zinc, which was propelled to fresh 4-3/4 year highs in a speculative pre-market rally, failed to attract follow-through buying and settled off the day's highs by the end of the midday kerb. Three months zinc finished the midday kerb at $1,383 per tonne, up $8 from Wednesday's close but off from a high of $1,389. On the upside $1,400 was a key level but without interest from the funds, zinc may be content to consolidate its gains for the time being, traders said. "People were expecting funds to come in and take it above $1,400, and when they didn't prices just languished," a trader said. Trading volumes in the rings were light, compared to heavy turnover in zinc during early inter-office trading. Most of the action consisted of volatility in the forwards, traders said. The other base metals moved sideways in relatively small volumes, with enthusiasm dampened by the approach of the summer slowdown. Flagship copper was barely firmer, underpinned by a slightly wider cash/threes backwardation. But prices remained wedged below the critial $2,600 level, above which producer selling was seen emerging. Three months metal finished at $2,594, up just $2 from Wednesday. Cash/threes flared out to $115/$120, versus $103/$108 in the morning, as some borrowing emerged in the nearby months. Most of the interest was in July/August, which was bid out to $55, compared to $48 on Wednesday. Aluminium similarly firmed by a few dollars but failed to break up above its nearby resistance level of $1,600, desite an LME stock drawdown of 3,875 tonnes. Prices finished at $1,590, off $3. But a 1,128-tonne stock rise in nickel helped push prices in that metal lower, and ended down $40 to $7,190. Lead was very quiet after Wednesday's bounce from 20-month lows earlier in the week. It was last quoted at $625/626, compred to the previous ker close of $624. Alloy was last quoted at $1,470/75, little changed. London Metal Exchange Warehouse Stocks - Jun 19 LONDON, Reuter - LME issued the following warehouse stock data. VOLUME IN TONNES COPPER 123350 UP 825 TIN 11655 UP 100 LEAD 116750 DOWN 75 ZINC 425125 UP 25 ALUMINIUM 691675 DOWN 3875 NICKEL 52542 UP 1128 AL.ALLOY 60180 DOWN 260 STOCK IN OUT COPPER wire bars 75 0 0 COPPER cathodes 123275 1125 300 TIN 11655 240 140 LEAD 116750 0 75 ZINC 425125 1525 1500 NICKEL briquettes 7380 0 72 NICKEL cathodes 45126 1326 126 NICKEL pellets 36 0 0 STOCK IN OUT ALUMINIUM ingots 302975 0 2475 ALUMINIUM T-bars 233950 0 1200 ALUMINIUM sows 154750 0 200 AL.ALLOY D12S/JIS 400 0 0 AL.ALLOY 226/DIN 33220 0 200 AL.ALLOY A380.1 26560 0 60 191516 MET jun 97