CIJENE ŠEĆERA NA BURZI U NEW YORK-U
NEW YORK - Šećer br.11 cijene pri zatvaranju burze 16. rujna
1997.
POSLJ OTVA NAJ NAJ ZATVA NAGO
EDNJA RANJE VIŠA NIŽA RANJE DBA
OCT7 11.29 11.28 11.32 11.25 11.28 11.29
MAR8 11.82 11.88 11.91 11.76 11.79 11.81
MAY8 11.88 11.90 11.91 11.82 11.86 11.88
JUL8 11.69 11.70 11.71 11.64 11.67 11.69
OCT8 11.65 11.65 11.67 11.63 11.64 11.65
MAR9 11.62 11.63 11.65 11.61 11.61 11.62
MAY9 11.61 11.60 11.61
JUL9 11.59 11.59
CSCE world sugar ends weaker as Oct-March narrows
NEW YORK, Sept 16 (Reuter) - CSCE world sugar prices edged
lower Tuesday as speculative liquidation weighed on the
most-active March contract, dealers said.
Activity was generally subdued throughout the session, as
the market took a breather one day after prices sank to their
lowest intraday levels in a month.
The trade was once again a good buyer of the nearby switch,
dealers said, narrowing the October-March to 0.52 cents from
0.55 on Monday.
Otherwise, funds continued to relinquish long positions on
March, dragging the contract down 0.06 cent a lb to close at
11.81 cents.
"The funds have been liquidating October and rolling out all
along. That's why you're getting fund liquidation in March
instead of October at this point," said one trader.
Spot October eased 0.03 cent, to 11.29, while the rest of
the board fell between 0.01 and 0.03 cent a lb.
Traders said the technical outlook for the sugar market was
little changed, with 11.72-11.71 and 11.60 seen as good support
levels basis Marc. The 12.00-cent level remained an important
psychological hurdle, with further objectives at 12.15 and 12.19
cents, the contract's lifetime high.
171030 MET sep 97
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