CIJENE KAVE U NEW YORK-U
SAD - KAVA trgovačke spot cijene 02. listopada 1997.
Differentials /spot/ ZADNJA
Santos 4's 8 cts under "C" 153.05 N
Colombian MAMs 21 cts over "C" 182.05 N
El Salvador 11 cts over "C" 172.05 N
Mexican 4 cts over "C" 165.05 N
Guatemala 11 cts over "C" 172.05 N
Peru 9 cts over "C" 170.05 N
Uganda Pmy Robs 8 cts over London 84.11 N
Indonesia EK1 3 cts under London 73.11 N
Ecuador Ext Sup 18 cts under "C" 143.05 N
NEW YORK - KAVA cijene pri zatvaranju burze 02. listopada 1997.
MJE POSLJ OTVA NAJ NAJ ZATVA NAGO
EDNJA RANJE VIŠA NIŽA RANJE DBE
DEC7 161.50 163.50 164.50 159.25 160.75 161.05 1
MAR8 150.25 152.50 153.50 149.00 150.00 150.05 1
MAY8 145.00 148.25 148.50 145.00 145.00 145.15 1
JUL8 139.90 143.00 143.00 139.90 139.50 139.75 1
SEP8 135.00 138.50 138.50 135.00 134.50 134.75 1
DEC8 131.50 133.00 134.00 131.00 130.00 130.15 1
MAR9 127.00 130.00 130.15 1
MAY9
CSCE coffee ends slightly lower on light volume
NEW YORK, Oct 2 (Reuter) - CSCE coffee futures ended
slightly lower Thursday on light volume although LIFFE robusta
coffee futures ended higher again on concerns about damage to
robusta crops from El Nino in areas like Indonesia.
"New York coffee futures may continue to trend a bit lower,
as the weather in Brazil at least has been relatively unaffected
by El Nino and is running true to seasonal patterns, with rain
coming only after the harvest, auguring well for the crops,"
Smith Barney analyst Walter Spilka said.
"But after rising
since last November, CSCE coffee stocks have been falling again
recently, and not much more coffee is expected until November,"
Spilka said.
CSCE December coffee ended down 1.30 cents at 161.05 cents a
lb after trading from 164.50 to 159.25 cents.
The December/March spread was slightly firmer around 11.25
cents, up from 10.45 cents at the previous close.
CSCE reported late Wednesday that certified coffee stocks
fell 1,091 60-kg bags as of Sept 30 to 92,634 bags. There were
an additional 1,541 bags of coffee pending grading.
But the focus for CSCE traded arabica coffee's remained on
the likely size of the crops in Brazil and Colombia, the world's
largest and second largest producers respectively.
USDA has forecast the 1997-98 Brazilian crop at 28 million
bags, but local Brazilian estimates range down to only 22
million bags, in line with the 1996-97 crop.
And month the Brazil National Coffee Council reported farm
co-operatives in August had stocks of only 2.59 million bags, up
from 1.77 million in July, but down from 3.87 million bags in
August last year.
Colombian National Coffee Federation recently forecast their
1997/98 crop at 12 million bags, up from 10.6 million last year.
But the Federation's inventory of coffee continues to
decline and at the end of August was 4.55 million bags, down
from 4.60 million bags at the end of July.
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