CIJENE ŠEĆERA NA BURZI U NEW YORK-U
NEW YORK - Šećer br.11 cijene pri zatvaranju burze 23. lipnja
1997.
POSLJ OTVA NAJ NAJ ZATVA NAGO
EDNJA RANJE VIŠA NIŽA RANJE DBA
JUL7 11.14 11.02 11.23 11.02 11.11 11.13
OCT7 11.12 11.00 11.20 11.00 11.09 11.11
MAR8 11.07 10.98 11.13 10.98 11.05 11.07
MAY8 10.98 10.92 11.03 10.92 10.98 10.98
JUL8 10.88 10.84 10.90 10.84 10.88 10.88
OCT8 10.81 10.72 10.81 10.80 10.77 10.78
MAR9 10.77 10.75 10.77 10.77 10.71 10.72
MAY9 10.72 10.72
CSCE world sugar ends higher, trade a steady buyer
NEW YORK, June 23 (Reuter) - CSCE world sugar futures
settled firmer amid brisk trade buying that remained focused
on the most-active October contract, floor sources said.
Speculative liquidation pushed October to support at
Friday's low of 11.00 cents in early dealings, but the trade
stepped in to blunt losses and buoy prices over unchanged.
The July/October spread narrowed to par, but settled at
0.02 cent from 0.03 cent on Friday.
The spot July contract closed 0.07 cent firmer at 11.13
cents per lb, traded 11.23 to 11.02 cents. October ended up
0.08 cent at 11.11 cents, while the rest of the board finished
0.07 to 0.01 cent higher.
The trade is expected to keep prices in their current
range ahead of the expiry of the July contract, on June 30. A
move under 11.00 cents in October, however, could set off sell
stops and pressure prices to recent lows.
October hit its recent low of 10.96 cents on June 2.
Open interest in the October contract fell by 4,605 lots
to stand at 84,881 lots as of Monday. July lost 5,810 lots to
maintain open interest of 39,491 lots.
An estimated 33,434 lots changed hands on the day,
compared with Friday's official 62.269 lots.
((Suzanne Rostler, New York Commodities Desk 212 859 1640))
241019 MET jun 97
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