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CIJENE ŠEĆERA NA BURZI U NEW YORKU

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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