CIJENE KAVE NA BURZI U NEW YORKU

CIJENE KAVE U NEW YORK-U SAD - KAVA trgovačke spot cijene 18. rujna 1997. Differentials /spot/ ZADNJA Santos 4's 10 cts under "C" 159.65 N Colombian MAMs 23 cts over "C" 192.65 N El Salvador 11 cts over "C" 180.65 N Mexican 5 cts over "C" 174.65 N Guatemala 11 cts over "C" 180.65 N Peru 15 cts over "C" 184.65 N Uganda Pmy Robs 8 cts over London 75.59 N Indonesia EK1 4 cts under London 63.59 N Ecuador Ext Sup 18 cts under "C" 151.65 N NEW YORK - KAVA cijene pri zatvaranju burze 18. rujna 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE SEP7 170.00 203.00 205.00 170.00 170.00 177.75 1 DEC7 168.50 171.75 173.50 166.50 168.50 169.65 1 MAR8 157.00 160.00 160.50 154.50 156.00 156.30 1 MAY8 151.00 154.00 154.00 148.50 151.00 150.00 1 JUL8 144.75 147.00 147.00 144.50 143.75 143.75 1 SEP8 137.00 140.50 140.50 137.00 137.50 137.50 1 DEC8 130.50 133.00 133.00 130.50 131.25 131.25 1 MAR9 CSCE coffee ends lower, short-term specs sell NEW YORK, Sept 18 (Reuter) - CSCE coffee futures closed lower on Thursday, pressured by chart-driven local and commission house selling, market sources said. "The market was very technically oriented," said one trader, "and dominated by locals and commission houses." The downturn was led by a sharp drop in the expiring September contract. Spot September, which went off the board at 1230 EDT today, slid 16.25 cents per lb to 177.75 cents -- helping to drag the rest of the contracts lower. "There was last minute trading in September, baling out," said the trader. "It had an impact but the market was not holding well all day. It seems to have a problem lately holding momentum on the upside." Benchmark December arabicas fell to a three-week low of 166.50 cents before a bout of local short-covering trimmed losses. December finished at 169.65 cents, down 3.80 cents and well off the high of 173.50 cents. The forward contracts closed down 2.25 to 4.20 cents. Traders said last-second rolling forward of Septembers into December shrunk the September/December switch to 8.10 cents compared with 20.55 cents at the close on Wednesday. December/March 1998 widened to 13.35 cents versus 12.95 cents the previous session. December arabicas slumped from the opening on Thursday, as the market eased following Wednesday's strong close. Traders noted some selling above 170.00 cents by producers -- most notably Colombia. Private exporters in Colombia said Thursday the National Coffee Growers' Federation will close registrations for private coffee exports in September as of Friday. The exporters also said they doubted the federation would move to lower the $0.30 quality premium on Colombian coffee. U.S. traders said there had been rumors Colombia would cut the premium by 10-15 cents next week. Some New York traders said the prospect of rains in top-grower Brazil may have weighed on sentiment. Recent hot, dry weather in Brazil ahead of the critical flowering period has caused concerns of late and provided underlying support, they said. Weather Services Corp said in its daily update on Thursday there was a slight chance of showers in the next 24 hours in Brazil's coffee belt. There is a better chance of rainfall later Friday and into Saturday, with some isolated heavy rains forecast. Temperatures during this time will trend cooler, WSC said. Traders ignored friendly news from the 18th Latin American Coffee Symposium in Costa Rica. Senior economist with the International Coffee Organization (ICO), Denis Seudieu, said the growth in the specialty coffee sector in the United States is now affecting overall consumption. "Whereas consumption declined from 21.9 million to 17.5 million (60-kg) bags from 1965 to 1995, a growth rate of one percent per a year from 1995 to 2000 should lead to consumption reaching some 18.4 million bags by the latter year, with the value of the specialty sector exceeding $3 billion," Seudieu said. Technically, traders said December faced support near 165.00 cents, while resistance was seen near today's high of 173.50 cents. After Thursday's close, CSCE reported that certified coffee stocks rose by 5,000 60-kg bags as of September 17, to 95,120 bags. An additional 8,708 bags were pending grading, the exchange said. The CSCE also reported 9,392 bags were graded, with 4,212 bags passing exchange approval. Turnover on Thursday reached an estimated 8,927 lots. 191114 MET sep 97