CIJENE KAVE NA BURZI U NEW YORKU

CIJENE KAVE U NEW YORK-U SAD - KAVA trgovačke spot cijene 13. studenoga 1997. Differentials /spot/ ZADNJA Santos 4's 7 cts under "C" 157.40 N Colombian MAMs 10 cts over "C" 174.40 N El Salvador 7 cts over "C" 171.40 N Mexican 2 cts under "C" 162.40 N Guatemala 7 cts over "C" 171.40 N Peru 3 cts over "C" 167.40 N Uganda Pmy Robs 7 cts over London 81.16 N Indonesia EK1 2 cts under London 72.16 N Ecuador Ext Sup 18 cts under "C" 146.40 N NEW YORK - KAVA cijene pri zatvaranju burze 13. studenoga 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE DEC7 164.00 158.50 166.00 157.50 164.00 164.40 1 MAR8 151.75 146.00 152.60 145.60 151.50 151.80 1 MAY8 146.00 142.00 147.00 142.00 146.00 146.25 1 JUL8 142.00 137.50 142.00 138.50 141.90 142.00 1 SEP8 137.00 134.00 137.00 134.90 138.00 138.25 1 DEC8 133.00 132.00 133.00 131.50 134.00 134.25 1 MAR9 128.00 131.75 131.90 1 MAY9 CSCE coffee ends higher as Dec-March spread widens NEW YORK, Nov 13 (Reuters) - CSCE arabica coffee futures ended sharply higher Thursday as the spreads continue to widen on fears of a tightness as first notice approaches. The December-March spread widened to 13.00 cents, prompting heavy short-covering, traders said. Buy stops were triggered at 161.50 through 162.00 cents in the December contract, sending prices to their highest level since October 16. December coffee closed at 164.40 cents a lb, up 4.75 cents from Tuesday's close trading in a range between 157.50 and 166.00 cents a lb. March closed at 151.80 cents a lb, up 4.15. Fundamentals took a back seat to the technicals, floor traders said. "There wasn't any fundamentals in the market," one trader said. "When the Dec-March spread moved out to 13.00 cents, there was a whole of of short-covering from traders that are getting increasing scared that there won't be enough physical stocks, so they're bidding up the market." Asked if the market was being squeezed, one trader said, "It's not a deliberate squeeze. The market is just tight. Certified stocks are low. First notice day is on Wednesday. There's still time, but if you're short, you have to pay up." U.S. certified stocks totaled 14,299 bags as of Wednesday's close, a fraction of the open interest in the December contract, which fell by 462 lots to 6,320 lots Wednesday. Brazil's coffee council, the CDPC, noted that its internal market faced severe tightness if the 1997/98 crop wasn't a good one, noting that internal stocks were at critical levels. The National Coffee Council reported earlier this week that stocks held by Brazilian cooperatives were off 34 percent from a year ago. 141106 MET nov 97