CIJENE ŠEĆERA NA BURZI U NEW YORKU

CIJENE ŠEĆERA NA BURZI U NEW YORK-U NEW YORK - Šećer br.11 cijene pri zatvaranju burze 10. listopada 1997. POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBA MAR8 11.94 11.97 12.03 11.92 11.93 11.94 MAY8 11.93 11.95 11.98 11.91 11.93 11.93 JUL8 11.82 11.82 11.85 11.80 11.82 11.82 OCT8 11.79 11.80 11.83 11.76 11.80 11.80 MAR9 11.72 11.73 11.73 11.72 11.71 11.72 MAY9 11.70 11.67 11.67 JUL9 11.65 11.65 OCT9 CSCE world sugar ends little changed NEW YORK, Oct 10 (Reuter) - CSCE world sugar ended little changed Friday, as did London white sugar prices, after giving back some early gains as producers sold into the rally of the past ten days. "There continues to be questions about the 1997/98 crops and it's going to be a deficit season, largely because Indian production is falling, but world stocks are still ample," Smith Barney analyst Walter Spilka said. CSCE March world sugar ended down 0.03 cent a pound at 11.94 cents, after edging up to a new three-week high early at 12.03 cents. The March/May spread was little changed at around 0.01 cent a pound, after recovering in the past week from a contango seen in late September. CSCE total world sugar volume was low though at around around 12,000 contracts. CSCE world sugar open interest rose 538 contracts Thursday to 152,033 contracts, after sliding steadily in the past months from a high 200,000 contracts, as longs liquidated positions in the now-expired October contract. In options volume Thursday, calls outnumbered puts by 3,914 lots to 2,321 lots. Daily momentum indicators remain mildly positive for the March contract, while the five-day (weekly) moving-average remains above both its 21-day (monthly) and 55-day (quarterly) average. Earlier Friday the International Sugar Organization (ISO) said it expected world sugar output to fall to 122.9 million tonnes in the 1997/98 season, from 123.5 million this year. In its first estimate of the 1997/98 season, the ISO said it expected a world sugar supply/demand deficit of 1.69 million tonnes, the first deficit since 1993/94. The stocks/consumption ratio is expected to decline to 33 percent, from 36 pct. But a record European beet sugar crop is expected this season and a good crop in Brazil is forecast, which will easily offset losses to the Thai crop resulting from the El Nino weather pattern, analysts said. 131019 MET oct 97