CIJENE KAVE NA BURZI U NEW YORKU

CIJENE KAVE U NEW YORK-U SAD - KAVA trgovačke spot cijene 06. kolovoza 1997. Differentials /spot/ ZADNJA Santos 4's 14 cts under "C" 186.55 N Colombian MAMs 23 cts over "C" 223.55 N El Salvador 11 cts over "C" 211.55 N Mexican 1 ct over "C" 201.55 N Guatemala 13 cts over "C" 213.55 N Peru 13 cts over "C" 213.55 N Uganda Pmy Robs 8 cts over London 82.62 N Indonesia EK1 4 cts under London 70.62 N Ecuador Ext Sup 18 cts under "C" 182.55 N NEW YORK - KAVA cijene pri zatvaranju burze 06. kolovoza 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE SEP7 201.00 203.00 206.90 193.75 200.00 200.55 2 DEC7 170.50 176.00 177.45 166.50 170.00 170.25 1 MAR8 151.50 156.50 158.00 150.25 150.50 151.05 1 MAY8 145.00 150.00 150.00 143.50 144.25 144.50 1 JUL8 143.00 144.00 144.00 143.00 140.00 140.05 1 SEP8 140.00 140.00 140.00 140.00 135.00 135.50 1 DEC8 135.00 131.00 131.50 1 MAR9 CSCE coffee ends lower, speculators take profits NEW YORK, Aug 6 (Reuter) - CSCE coffee futures ended lower on Wednesday, as speculators took profits following two straight sessions of hefty gains, traders said. After the benchmark September contract surged 18.15 cents -- or nearly 10 percent -- the last two sessions, traders said the market was due for a correction. "It was just a modest correction on an overbought situation," said Dean Witter analyst Corey Bell. September arabicas tumbled to a session low of 193.75 cents per lb -- down more than 9.00 cents -- but losses were cut by the close after a round of local short-covering. September settled at 200.55 cents, down 2.55 cents. Second-month December fell 4.45 cents, to 170.25 cents, while the back months closed 3.95 to 4.20 cents lower. Arabica prices headed higher early in the session, as commission houses and locals followed through on the recent rally and lifted the September contract to a new eight-week high of 206.90 cents. But dealers said scale-up trade selling capped gains and prompted locals to turn around and take profits. Downward momentum accelerated after September slid through 197.00 cents, touching off sell-stops. Light roaster buying was seen toward the lows, but dealers noted both roaster and origin participation has recently been thin. While the market appeared to be in the clutches of speculators recently, some traders said roasters and producers held the key to the next price direction. Roasters' needs are said to be covered at least through August, but traders are left to speculate if processors have enough inventory to last until new-crop coffees begin to come to market in the fall. "Roasters are saying they have supplies," said Dean Witter's Bell. "But the question is whether the supplies will last long enough until the harvest comes in." Meanwhile, producers -- eager to take advantage of any rally in prices -- are left to try to decide just how high the market can go. "It's a question of who's going to blink first," said one dealer. Despite today's losses, some traders said the downturn was probably just a temporary setback as concerns about a shortage of exchange-certified coffees for delivery against the September contract persisted and were reflected in steady buying of the nearby September/December switch. The September/December switch, a barometer of near-term availability, widened to 30.30 cents compared with 28.40 cents at the close on Tuesday. Technically, some traders said today's recovering from the lows and September's finish above 200.00 cents was viewed as constructive. "It did what it had to do and it still closed over $2," said one floor trader. "I think it's going higher." After Tuesday's close the CSCE reported certified coffee stocks fell by 938 60-kg bags as of August 5, to 92,459 bags. An additional 6,447 bags were pending grading, the exchange said. Volume on the day reached an estimated 8,109 lots. 071021 MET aug 97