CIJENE KAVE NA BURZI U NEW YORKU

CIJENE KAVE U NEW YORK-U SAD - KAVA trgovačke spot cijene 08. listopada 1997. Differentials /spot/ ZADNJA Santos 4's 8 cts under "C" 159.00 N Colombian MAMs 21 cts over "C" 188.00 N El Salvador 11 cts over "C" 178.00 N Mexican 4 cts over "C" 171.00 N Guatemala 11 cts over "C" 178.00 N Peru 9 cts over "C" 176.00 N Uganda Pmy Robs 8 cts over London 81.80 N Indonesia EK1 3 cts under London 70.80 N Ecuador Ext Sup 18 cts under "C" 149.00 N NEW YORK - KAVA cijene pri zatvaranju burze 08. listopada 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE DEC7 167.25 162.25 170.50 161.25 166.50 167.00 1 MAR8 152.25 148.50 155.00 147.75 151.50 151.90 1 MAY8 145.00 144.00 148.00 144.00 146.50 146.75 1 JUL8 139.00 139.00 139.00 138.00 141.50 141.75 1 SEP8 137.00 133.70 137.00 137.00 137.00 137.00 1 DEC8 133.00 129.00 133.00 129.00 131.50 131.75 1 MAR9 127.00 131.50 131.75 1 MAY9 CSCE coffee ends higher as hurricane nears Mexico NEW YORK, Oct 8 (Reuter) - CSCE coffee futures ended higher on Wednesday, lifted by fears Hurricane Pauline could delay the harvest or adversely affect crops in Mexico, traders said. "Everybody is watching the hurricane very carefully," said one trader. "Even if it doesn't hit coffee-growing areas, it is probably going to slow up the harvesting." December arabicas rose 4.85 cents per lb on the day, to 167.00 cents, but came off the session high of 170.50 cents after a round of profit-taking. The intra-day low was 161.25 cents. Second-month March rose 3.40 cents to 151.90 cents, while the forward months ended 1.75 to 3.75 cents higher. The December/March switch widened to 15.10 cents compared with 13.65 cents at the close on Tuesday. Arabica prices defied pre-opening expectations and rose from the outset on Wednesday, as Hurricane Pauline hovered off the the southern Pacific coast of Mexico early Wednesday. Traders said much of the rally was chart-driven, with the benchmark December contract piercing key resistance at 165.00 cents per lb and touching off buy-stops. Hurricane Pauline on Wednesday continued to move toward the southern Mexican coastline, with forecasters expecting the storm to make landfall on the Oaxaca coastline late Wednesday or early Thursday. The eye of the storm was 85 miles (136 km) south-southeast of Puerto Angel, a fishing community on the Pacific coast of Oaxaca state, as of 0900 EDT (1300 GMT) and heading northwest at a slow 6 mph (10 kph). It was expected to be 62 miles (100 km) from Puerto Angel by 1400 EDT (1800 GMT), the Mexico's National Meteorological Service said in a report. Pauline had weakened slightly overnight on Tuesday but was still packing sustained winds of 115 mph (185.1 kph) -- making it the most powerful hurricane local officials could recall. Smith Barney meterologist Jon Davis said in his daily comment on Wednesday that Pauline was likely to make landfall in western Oaxaca rather than eastern Oaxaca which would have less of an impact on the coffee crop in the state of Chiapas. Chiapas accounts for about a third of prouction in Mexico which is the fourth largest coffee-producing nation in the world and a major coffee exporter to the U.S. "For the coffee, the more westward track means that the coffee in Chiapas is not at as much of a risk of damage from winds and flooding," Davis said. "The coffee crop in parts of Oaxaca and Guerrero will likely sustain significant damage," he added. "There areas combined account for about a fourth of the nation's production. Additionally, traders said the continued decline of exchange-certified stocks underpinned prices. After Wednesday's close, the CSCE reported certified coffee stocks fell for the 12th day in a row. Stocks dropped by 10,563 60-kg bags as of October 5, to 56,286 bags. There was no coffee pending grading, the exchange said. "If the certs continue to come down -- along with rains from the hurricane delaying the harvest -- I think the market will rally led by the switch," said South Futures president Stephen Smith. "But there is probably only a small window of time for the market to go up because a lot of coffee is going to be coming in." Technically, traders pegged resistance at 173.00 cents, followed by 175.00-175.50 cents. On the downside, support was seen at 163.00 cents and then 160.00 cents. Turnover was moderate, at an estimated 6,033 lots. 091150 MET oct 97