CIJENE ULJA U VELIKOJ BRITANIJI

CIJENE BILJNIH ULJA NA TRŽIŠTU U VELIKOJ BRITANIJI Velika Britanija - SJEME 14. kolovoza 1997. ____________________________________________________________ SOJINO ZRNO cif bilo kojeg porijekla u sterlinzima po toni kol ruj lis 1stu 2stu/sij 212,00 219,00 209,00 192,00 185,00 SJEME isporučeno u Veliku Britaniju u sterlinzima po toni kol ruj lis/pro sij/ožu tra/lip 146,00 153,00 157,00 160,00 163,00 _________________________________________________________ Velika Britanija - BILJNA ULJA sve cijene su u sterlinzima po toni _____________________________________________________________ ULJE OD ULJE OD ULJE OD CARGILL SOJINO REPINOG LANENOG LANENOG ULJE SJEMENA SJEMENA SJEMENA _____________________________________________________________ STU/SIJ - - - - sojino ulje sirovo-istovareno u Liverpoolu ulje od repinog sjemena - istovareno Hull/Liverpool ulje od lanenog sjemena - bilo kojeg porijekla istovareno Hull, u metalnim bačvama ulje od cargill lanenog sjemena - ex-mill Hull bez ambalaže _____________________________________________________________ Currency fluctuations hamper European veg oil trade LONDON, Aug 14 (Reuter) - Volatile currencies continued to hamper trading on the European vegetable oil market on Thursday. "The market is a mess because we do not know where we are with the currencies," said one trader. A new factor thrown into the pot on Thursday was news that Indonesia was to abolish rupiah intervention and conversion bands. Traders said this could be bullish for palm oil because the rupiah would become cheaper, which would increase demand for Indonesian palm oil. "People will find they can get more Indonesian oil for the money but in the end prices will go up," said a trader. In Malaysia a similar effect was being seen, with the weak ringgit boosting demand for palm oil and pushing prices higher. In the soft oil sector European crushers were finding their soy product margins being squeezed by the firmer dollar while demand for meal was dropping. "Meal is where crushers make their money normally, but demand is down because of swine fever and they are having to try to make it out of oil," said another trader. Traders said at the moment rape oil was looking the most competitive oil. "With the harvest coming in rape oil looks set to dominate the market because it is not so dependent on the meal trade," the trader added. UK traders on the soft oils market were faced with a double complication. "You think you have done a good deal, even allowing for the firmness of the dollar against the guilder, but then you find that sterling has dropped against the Dutch currency and all your profit has gone out of the window," said one. Apart from currency there appeared to be little else to drive the market. Ivan Wong's last palm oil estimate was within expectations. The Malaysian private forecaster projected output at 823,000 tonnes, up 4.5 percent over June, while he left stock unchanged from his last report. "People say they are now waiting for the PORLA figures on Friday, but it's doubtful they will be of much help," said one trader. To add to the market's woes many European countries will be closed on Friday for local holidays. "You think things have been bad so far this week -- well just wait for Friday," said one trader. At the close Dutch soy oil sellers were 0.50 guilders down while rape oil was 0.25 guilders lower to unchanged. Crude palm oil was $2.50 down after Aug traded at $495 and Sep at $500 a tonne cif. Products closed unchanged with no further business reported. Coconut oil attracted dealer and consumer business during the afternoon and closed with sellers $10 to $5 down after Aug/Sep and Sep/Oct both traded at $555, while $557.50 was paid for Oct/Nov and $560 a tonne cif for Nov/Dec. Palmkernel oil closing offers were $7.50 to $2.50 lower after Jul/Aug fetched $540 a tonne cif. Informacije: Zoran Popijač telefon: 01/273-927 fax: 01/4550-148 151756 MET aug 97