CIJENE KAVE NA BURZI U NEW YORKU

CIJENE KAVE U NEW YORK-U SAD - KAVA trgovačke spot cijene 22. rujna 1997. Differentials /spot/ ZADNJA Santos 4's 10 cts under "C" 160.35 N Colombian MAMs 23 cts over "C" 193.35 N El Salvador 11 cts over "C" 181.35 N Mexican 5 cts over "C" 175.35 N Guatemala 11 cts over "C" 181.35 N Peru 15 cts over "C" 185.35 N Uganda Pmy Robs 8 cts over London 77.76 N Indonesia EK1 4 cts under London 65.76 N Ecuador Ext Sup 18 cts under "C" 152.35 N NEW YORK - KAVA cijene pri zatvaranju burze 22. rujna 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE DEC7 171.00 172.50 175.75 168.75 170.00 170.35 1 MAR8 158.00 161.00 162.50 156.00 157.75 157.80 1 MAY8 152.25 154.50 156.00 152.25 151.50 151.75 1 JUL8 146.00 149.50 149.50 146.00 145.50 145.75 1 SEP8 142.50 139.50 139.75 1 DEC8 137.00 137.00 137.40 137.00 133.50 133.75 1 MAR9 MAY9 CSCE coffee ends thinly traded session lower NEW YORK, Sept 22 (Reuter) - CSCE coffee futures closed broadly down in light trading on Monday, but an afternoon bout of local short-covering lifted prices off session lows, dealers said. Local and commission house selling drove December arabicas through chart support at 170.00 cents per lb, triggering light sell-stops and pushing the most-active contract to a low of 168.75 cents. But scale-down roaster buying stemmed further losses and prompted some locals to cover their short position, traders said. "It was a very, very local market today," said one trader. "There just doesn't seem to be a reason for anyone else to get involved in this market." December closed down 3.80 cents, to 170.35 cents, after ranging from 175.75 to 168.75 cents. Second-month March ended 3.70 cents lower, at 157.80 cents, while the forward contracts finished off 3.40 to 3.90 cents. The December/March switch, a barometer of nearby availability, narrowed to 12.55 cents compared with 12.65 cents at the close on Friday. Some traders said an increase in CSCE certified stocks on Friday may have dampened sentiment and kept the nearby switch in check. After Friday's close, CSCE reported that certified coffee stocks rose by 6,204 60-kg bags as of September 18, to 101,324 bags. An additional 750 bags were pending grading, the exchange said. "The stocks passed weighed on the market," said another trader. They also said the downturn was aided by reports of rainfall over the weekend in top-grower Brazil as well as forecasts for more rains later this week. Private U.S. forecaster Weather Services Corp said in it daily update on Monday that 0.50 to 1.50 inches of rain fell this past weekend throughout Brazil's coffee-growing areas. "Significant rain in most major growing areas this past weekend will be quite beneficial to the major flowering period of the trees which will be ongoing in the next several weeks," WSC noted. WSC said there is a chance of more scattered showers and thunderstorms developing on Wednesday and Thursday, with temperatures expected near to below normal. Worries that recent hot, dry weather in Brazil -- which some forecasters have linked to El Niqo -- could continue going into the crucial flowering period for the 1998/99 coffee crop has lately underpinned sentiment. Technically, traders said December faced some support at 166.75-166.50 cents, with a strong downside target at 159.00 cents. Resistance was seen near 172.00 cents, followed by today's high of 175.75 cents. Traders said turnover on Monday was thin at an estimated 4,100 lots, with many market participants sidelined ahead of the Association of Coffee Producing Countries' meeting in London on Tuesday. ACPC members are expected to mete out export quotas for 1997/98 (July/June). On Monday, the ACPC technical group met, with delegates saying that they would present a proposal on market stabilization at a full council meeting on Tuesday. 231056 MET sep 97