CIJENE KAVE NA BURZI U NEW YORKU

CIJENE KAVE U NEW YORK-U SAD - KAVA trgovačke spot cijene 31. srpnja 1997. Differentials /spot/ ZADNJA Santos 4's 12 cts under "C" 172.50 N Colombian MAMs 23 cts over "C" 207.50 N El Salvador 11 cts over "C" 195.50 N Mexican even to "C" 184.50 N Guatemala 13 cts over "C" 197.50 N Peru 16 cts over "C" 200.50 N Uganda Pmy Robs 8 cts over London 82.43 N Indonesia EK1 4 cts under London 70.43 N Ecuador Ext Sup 18 cts under "C" 166.50 N NEW YORK - KAVA cijene pri zatvaranju burze 31. srpnja 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE SEP7 183.50 186.50 191.50 181.50 183.50 184.50 1 DEC7 162.75 162.50 166.00 161.10 162.00 162.55 1 MAR8 147.50 150.00 152.00 147.00 147.75 148.00 1 MAY8 143.50 141.50 145.50 143.50 142.00 142.25 1 JUL8 137.50 138.50 138.00 137.50 138.50 138.55 1 SEP8 134.00 134.00 134.00 134.00 133.25 133.75 1 DEC8 131.00 131.50 131.00 131.00 130.00 130.25 1 MAR9 CSCE coffee ends mixed, Sept/Dec spread narrows NEW YORK, July 31 (Reuter) - CSCE coffee futures ended mixed in choppy dealings on Thursday, with much of the day's focus centered on the nearby September/December switch, market sources said. September arabicas finished 1.25 cents per lb lower, at 184.50 cents, after ranging from 191.50 to 181.50 cents. Second-month December rose 1.20 cents, to 162.55 cents, tightening the September/December switch to 21.95 cents compared with 24.40 cents at the close on Wednesday. The back months closed down 1.25 to 2.80 cents. Coffee prices rose at the outset, but came in well short of the up 5.00-cent pre-opening call, as the market attempted to recover from Tuesday's late sell-off. However, trade profit-taking on the September/December switch and light commission house selling kept the market under pressure, dealers said. Traders also noted brisk activity in the options pit ahead of September options expiry on Friday. Dealers particularly noted selling of 195.00 and 200.00 calls. "There was a lot of options trading, back and forth," said one trader. "It made it very choppy." Traders brushed aside news that the Brazilian government on Thursday maintained that it had not changed its 1997/98 coffee crop forecast of 22 million bags. A recent report from Brazil quoted official sources as pegging the 1997/98 (April-May) Brazil coffee crop at 20 million bags, down from the 22 million forecast by the Industry and Commerce Ministry earlier this year. "Everyone has heard these 20 million and 22 million estimates," said one dealer. "They are already in the market." Prediction's for the 1997/98 coffee crop from top-grower Brazil have ranged widely from 18 million bags to the USDA's estimate of 28 million bags. Many recent Brazilian trade forecasts have come in at around 23-25 million bags. Traders also downplayed recent weather forecasts indicating a small chance of cold weather making it's way toward Brazil's coffee areas late next week. Forecaster Cropcast said Thursday that long-range guidance models showed Brazil's coffee belt could see colder temperatures August 8-10, with a 20 percent chance of frost. Another forecaster, Weather Services Corp, said on Thursday that colder air expected to build into Central Argentina next week does not appear strong enough at this time to penetrate northward into Brazil's coffee belt. "Freeze, no freeze, 20 million bags, 28 million bags. It was really a boring day," said another dealer. "It's been up 40 cents in the last two weeks, it's got to have a boring day sometimes." But some traders reckoned any threat of cold weather could spur some "insurance" buying on Friday, as some market participants may be reluctant to take any chances over the weekend. Technically, traders pegged September support at 181.00-180.00 cents. On the upside, they said resistance was seen near 190.00 cents. After Thursday's close the CSCE reported certified coffee stocks fell by 250 60-kg bags as of July 30, to 92,399 bags. An additional 750 bags were pending grading, the exchange said. Volume on the day reached an estimated 6,270 lots. 011016 MET aug 97