CIJENE OBOJENIH METALA NA BURZI U LONDONU

LONDONSKA BURZA KOVINA: SLUŽBENE CIJENE 17.07.1997. LME OFFICIAL PRICES - JUL 17 CASH 3 MTHS 15 MTHS 27 MTHS SETT COPPER 2422.0/24.0 2265.0/66.0 2120.0/30.0 2050.0/60.0 2424 (STG EQV) 1454.2 1363.47 TIN 5405/5410 5455/5460 5640/5650 5410 LEAD 631.50/2.00 642.00/3.00 645.00/0.00 632 (STG EQV) 379.15 386.9 ZINC 1516.0/17.0 1517.0/18.0 1342.0/47.0 1272.0/77.0 1517 ALU.HG 1549.0/50.0 1576.0/76.5 1612.0/17.0 1618.0/23.0 1550 NICKEL 6625/6630 6725/6730 7045/7065 7320/7340 6630 ALALLOY 1403.0/04.0 1427.0/30.0 1485.0/05.0 1404 SETTLEMENT RATES - GBP 1.6669 DEM 1.7955 JPY 116.28 LME copper recovers from stock rise, zinc strong LONDON, July 17 (Reuter) - LME copper bounced from five month lows on Thursday morning despite more big deliveries of metal into warehouses while zinc surged to fresh highs since September 1990. Most other metals got encouragment from the rebound in copper, with the exception of tin, which sulked near Wednesday's lows. Nearby spreads again traded near LME imposed limits as the market worked its way through two weeks of tightness. The tom/next spread again traded at a $24 backwardation and cash/day changed hands at backwardations of $19 and $20. In early pre-market activity, prices slid to a low of $2,226, the lowest since February 12 as LME inventories rose by a further 13,025 tonnes, the bulk of which appeared in the Singapore warehouse. But underlying nearby tightness quickly got the upper hand and prices climbed as traders reckoned that a short-term low had been seen. Three months finished the morning kerb at $2,274, up $7 from Wednesday's afternoon kerb close. More metal is expected to appear in stocks, as previously shipped material from the Far East shows up in warehouses and material is sucked in by the stiff backwardation. Some traders said a total of 100,000 tonnes were expected to arrive through mid-August. So far this week, stocks have increased by 34,225 tonnes. "We expect another 25,000 to 35,000 tonnes in the next few days," one floor trader said. Zinc stocks fell by 1,100 tonnes, helping the market surge to fresh highs. Three month prices hit a peak of $1,526, the highest since September 1990, before profit-taking took the froth off the rally. Fundamental tightness and covering by shorts is expected to continue to fuel the market, despite an overbought condition, traders said. "I see a short-term target of $1,550, then we're on the way to $1,600," one floor trader said. Tightness manifested itself in the spreads, with the cash/threes narrowing from a $7/$5 contango on Wednesday evening to level in morning ring trading. Renewed interest has also been seen in call options, helping to push prices up as delta hedging hits the market, traders said. Other markets were less active, but several lifted off their lows as copper recovered. Tin was the only metal to end in negative territory, shedding $10 to end the morning at $5,440 after holding in a tight $20 range. Traders said the market looked soggy and more losses were expected, with next support seen at $5,350. Aluminium lacked initiative, holding within its recent range, ending the kerb at $1,574, up $4. The market in recent days has tested both ends of its range from around $1,545 to $1,600 and seems content to consolidate, traders said. Lead came off its lows along with copper, gaining $8 to $640. Next resistance is seen at $648 and $655. Nickel gained $30 to $6,750 after hitting a fresh low of $6,705, and traders expected more losses. Alloy rose slightly with the primary market to $1,435 versus $1,423/28. _________________________________________________________________ STANJE LME ZALIHA NA DAN - 17.07.1997. - po pojedinim skladištima _________________________________________________________________ ++ COPPER WIRE BARS + ANTWERP 50 HAMBURG 25 ++ COPPER CATHODES + ANTWERP 1125 DUNKIRK 200 BREMEN 850 HAMBURG 6225 ROTTERDAM 7275 LEGHORN 1250 TRIESTE 7825 BARCELONA 175 BILBAO 12225 GOTHENBURG 13750 HELSINBORG 6650 LIVERPOOL 850 CHICAGO 175 LONG BEACH 62525 LOS ANGELE 9425 ST LOUIS 3475 SINGAPORE 39275 ++ TIN ++ ANTWERP 10 HAMBURG 125 ROTTERDAM 6345 GENOA 260 BILBAO 40 HULL 265 LIVERPOOL 4535 BALTIMORE 190 LONG BEACH 5 LOS ANGELE 135 NEW HAVEN 30 ++ LEAD + HAMBURG 300 ROTTERDAM 1975 GENOA 7075 BARCELONA 100 GOTHENBURG 12125 HELSINBORG 80550 GOOLE 1525 HULL 750 LIVERPOOL 2325 SUNDERLAND 75 DETROIT 750 LONG BEACH 3675 SINGAPORE 6325 ++ ZINC + ANTWERP 20250 BREMEN 475 HAMBURG 350 ROTTERDAM 100325 PIRAEUS 275 GENOA 17775 TRIESTE 117525 BARCELONA 13050 BILBAO 13100 GOTHENBURG 10375 HELSINBORG 62800 LIVERPOOL 12425 CHICAGO 200 ST LOUIS 12475 SINGAPORE 36750 ++ NICKEL + ANTWERP 1308 ROTTERDAM 38400 GENOA 288 TRIESTE 48 GOTHENBURG 12576 LIVERPOOL 72 NEW HAVEN 120 SINGAPORE 1362 ++ ALUMINIUM ++ ANTWERP 425 ROTTERDAM 26200 TRIESTE 375 BILBAO 125 GOTHENBURG 40950 HELSINBORG 119775 AVONMOUTH 27475 HULL 120400 LIVERPOOL 175225 NEWCASTLE 94025 SUNDERLAND 45425 DETROIT 50 HAKATA 50 MOJI 50 SINGAPORE 6375 ++ ALUMINIUM ALLOY ++ ANTWERP 4260 DUNKIRK 280 DUISBERG 520 HAMBURG 180 ROTTERDAM 1380 BRESCIA 1080 GENOA 6300 TRIESTE 3000 BARCELONA 80 BILBAO 1480 GOTHENBURG 220 HULL 560 LIVERPOOL 22940 CHICAGO 2900 DETROIT 800 LONG BEACH 9260 ST LOUIS 1580 SINGAPORE 60 _________________________________________________________________ STANJE LME ZALIHA NA DAN 17. srpnja 1997. količine su u tonama _________________________________________________________________ COPPER 173350 UP 13025 TIN 11940 UP 60 LEAD 117550 UP 250 ZINC 418150 DOWN 1100 ALUMINIUM 656925 DOWN 2025 NICKEL 54174 UP 384 AL.ALLOY 56880 DOWN 360 STOCK IN OUT COPPER wire bars 75 0 0 COPPER cathodes 173275 13175 150 TIN 11940 120 60 LEAD 117550 250 0 ZINC 418150 0 1100 NICKEL briquettes 6048 0 12 NICKEL cathodes 48090 516 120 NICKEL pellets 36 0 0 STOCK IN OUT ALUMINIUM ingots 283175 0 950 ALUMINIUM T-bars 223550 0 825 ALUMINIUM sows 150200 0 250 AL.ALLOY D12S/JIS 400 0 0 AL.ALLOY 226/DIN 31100 0 300 AL.ALLOY A380.1 25380 0 60 LME - warehouse stock movements LONDON, Jul 17 - Latest LME warehouse stock changes are: copper up 13025, tin up 60, lead up 250, zinc down 1100, aluminium down 2025, nickel up 384, aluminium alloy down 360 FRANCUSKA BURZA - 16. srpnja 1997. BAKAR FFR/100 KG 1553 KOSITAR FFR/100 KG 3877 CINK EL. FFR/100 KG 995 ALUMINIJ FFR/100 KG 1270 SREB. C3E FFR/KG 800/942 PLATINA FFR/KG 74100/105000 PALADIJ FFR/KG 33000/43500 IRIDIJ FFR/KG 26900/49400 KOBALT FFR/100 KG 37222 ŽIVA FFR/100 KG 5200 171605 MET jul 97