CIJENE KAVE U NEW YORK-U
SAD - KAVA trgovačke spot cijene 01. listopada 1997.
Differentials /spot/ ZADNJA
Santos 4's 8 cts under "C" 154.35 N
Colombian MAMs 21 cts over "C" 183.35 N
El Salvador 11 cts over "C" 173.35 N
Mexican 4 cts over "C" 166.35 N
Guatemala 11 cts over "C" 173.35 N
Peru 9 cts over "C" 171.35 N
Uganda Pmy Robs 8 cts over London 82.39 N
Indonesia EK1 3 cts under London 71.39 N
Ecuador Ext Sup 18 cts under "C" 144.35 N
NEW YORK - KAVA cijene pri zatvaranju burze 01. listopada 1997.
MJE POSLJ OTVA NAJ NAJ ZATVA NAGO
EDNJA RANJE VIŠA NIŽA RANJE DBE
DEC7 162.25 162.50 164.90 161.25 162.05 162.35 1
MAR8 151.80 151.75 153.25 150.50 151.80 151.90 1
MAY8 146.00 146.50 148.00 145.50 146.75 146.80 1
JUL8 140.75 141.00 142.50 140.75 141.25 141.30 1
SEP8 136.00 136.00 136.00 136.00 136.25 136.30 1
DEC8 132.00 131.00 132.00 131.00 131.25 131.30 1
MAR9 125.00 131.25 131.30
MAY9
CSCE coffee ends rangebound session narrowly mixed
NEW YORK, Oct 1 (Reuter) - CSCE coffee futures ended tightly
mixed in light trading on Wednesday, with the benchmark December
contract stuck in a range between technical parameters.
In a session dominated by day traders, dealers said an early
test of December resistance at 165.00 cents per lb was rebuffed
by light producer selling.
A push to the downside fell short of 160.00 cents support as
trade buying emerged at the lows, they said.
"It could not pick up momentum one way or the other," said
one trader, "and we just landed in the middle."
December arabicas ended 0.15 cent weaker, at 162.35 cents,
after ranging narrowly from 164.90 to 161.25 cents. Second-month
March rose 0.50 cent to 151.90 cents, while the forward
contracts closed up 0.40 to down 0.10 cent.
The December/March switch shrunk to 10.45 cents compared
with 11.10 cents at the close on Tuesday.
Some traders said the prospect of more coffee coming to
market as the new-crop harvest of many Latin American producing
countries gets underway and expectations for a large crop next
season in top-grower Brazil continued to limit the market's
upside potential.
"The fact that origins are coming toward harvest and there
will be more availability makes it very difficult now to take
the market substantially higher," said a trader. "Then we have
next season's crop."
The trader also noted, however, low stock levels in both
consuming and producing countries would continue to lend
underlying support.
Technically, traders said December continued to face support
at 160.00 cents, with the subsequent levels at 158.00-157.00
cents and then 154.50 cents.
On the upside, resistance was still seen at 165.00 cents,
followed by 168.00 cents.
After Wednesday's close, CSCE reported that certified coffee
stocks fell by 1,091 60-kg bags as of September 30, to 92,634
bags. There were an additional 1,541 bags of coffee pending
grading, the exchange said.
Turnover on Wednesday was thin, at an estimated 4,581 lots.
021103 MET oct 97
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