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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. studenoga 1997. POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBA MAR8 12.17 12.18 12.27 12.16 12.17 12.18 MAY8 12.17 12.17 12.22 12.15 12.17 12.18 JUL8 11.92 11.92 11.95 11.91 11.91 11.92 OCT8 11.76 11.75 11.80 11.75 11.76 11.76 MAR9 11.61 11.57 11.62 11.60 11.59 11.60 MAY9 11.57 11.54 11.57 11.57 11.55 11.55 JUL9 11.56 11.52 11.56 11.53 11.56 11.53 OCT9 11.41 11.36 11.36 CSCE world sugar ends lower, led by spot month NEW YORK, Nov 10 (Reuters) - CSCE world sugar prices ended weaker Monday, led by losses in the spot month. Front-month March futures slumped 0.07 cent a lb on the day, to close at 12.18, after trading from 12.27 to 12.16. Second-position May eased 0.01 cent to 12.18, while the remaining months finished unchanged to down 0.01 cent. Dealers said a move by speculators to roll nearby long positions forward weighed heavily on the spot contract. With the open interest position on March topping 120,000 lots, long holders have grown increasingly nervous in the past few days that the market appeared overbought. "The open interest makes it vulnerable to a correction," said one trader. But scale-down buying from the trade continued to provide a buffer, he added, helping March to avert a test of key chart support at 12.15 cents. Commitment of Traders data released after the close of business on Friday showed showed speculators (non-commercial plus non-reportable positions) to be long a hefty 103,215 lots as of November 4. Traders said that while the report contained few surprises, it served to remind the market that commodity funds had liquidated few of the longs they took on during the market's recent climb to new contract highs. The day's volume was estimated at 17,117 lots. 111102 MET nov 97

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