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CIJENE KAVE NA BURZI U NEW YORKU

CIJENE KAVE U NEW YORK-U SAD - KAVA trgovačke spot cijene 17. studenoga 1997. Differentials /spot/ ZADNJA Santos 4's 7 cts under "C" 152.30 N Colombian MAMs 10 cts over "C" 169.30 N El Salvador 7 cts over "C" 166.30 N Mexican 2 cts under "C" 157.30 N Guatemala 7 cts over "C" 166.30 N Peru 3 cts over "C" 162.30 N Uganda Pmy Robs 7 cts over London 81.48 N Indonesia EK1 2 cts under London 72.48 N Ecuador Ext Sup 18 cts under "C" 141.30 N NEW YORK - KAVA cijene pri zatvaranju burze 17. studenoga 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE DEC7 160.50 163.00 165.00 159.00 159.00 159.30 1 MAR8 153.50 152.00 155.00 151.50 152.00 152.75 1 MAY8 148.00 146.50 149.50 146.50 148.00 148.00 1 JUL8 143.90 142.00 144.50 142.00 143.90 143.90 1 SEP8 139.50 138.00 140.00 139.50 139.50 140.00 1 DEC8 134.00 134.00 136.00 134.00 136.00 136.25 1 MAR9 130.00 134.00 134.25 1 MAY9 CSCE coffee settles mixed, spot December retreats NEW YORK, Nov 17 (Reuters) - CSCE arabica coffee prices ended mixed on Monday, with the spot December contract falling sharply on speculative liquidation and rollover ahead of December's first notice day on Tuesday, traders said. December finished down 4.10 cents a lb at 159.30 cents, after trading from 165.00 to 159.00. March rose 1.30 cents to 152.75, posting trades from 155.00 to 151.50. The back months gained 2.00 to 3.00 cents. With December slated to go into delivery in one day, the nearby December/March switch was under pressure throughout much of the session. December/March shrank to 6.55 cents compared with 11.90 cents at the close on Friday. Despite the sharp narrowing of the nearby switch, some traders said low certified stock levels relative to December open interest could push December/March out again. "I don't think the switch coming in was based upon anything fundamental," said one trader. "People just had to get out of December ahead of first notice day." CSCE reported after Friday's close that certified coffee stocks were unchanged as of November 13, at 14,299 60-kg bags -- or the equivalent of about 57 lots. Meanwhile, December open interest stood at 3,916 lots as of Friday. Traders now await monthly U.S. consumer coffee stock data due out at 1500 EST/2000 GMT today, with most market participants anticipating a sharp drawdown in U.S. warehouse stocks during October. Traders expected monthly Green Coffee Association stocks to show a decline of between 300,000 and 500,000 60-kg bags in October, reflecting a slowdown in exports to the U.S. as shipments of the new-crop harvest just begin to get underway and roastings pick up going into the peak North American consumption season. "It is a time when no coffee coming in and stocks should be down," said another trader. "It's normal for this time of year." In October 1996, by comparison, U.S. warehouse stocks stood at 1,260,000 bags, down 351,000 bags from the previous month. With many market participants attending the international coffee week, known as Sintercafe, in San Jose, Costa Rica, activity was fairly subdued. The secretary general of the Association of Coffee Producing Countries (ACPC) Roberio Oliveira Silva told Reuters in an interview at Sintercafe Monday that world coffee markets are currently well balanced and prices look set to remain stable. Turnover was moderate, at an estimated 8,313 lots. 181111 MET nov 97

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