CIJENE KAVE NA BURZI U NEW YORKU

CIJENE KAVE U NEW YORK-U SAD - KAVA trgovačke spot cijene 03. prosinca 1997. Differentials /spot/ ZADNJA Santos 4's 4 cts under "C" 170.00 N Colombian MAMs 16 cts over "C" 190.00 N El Salvador 7 cts over "C" 181.00 N Mexican even to "C" 174.00 N Guatemala 7 cts over "C" 181.00 N Peru 5 cts over "C" 179.00 N Uganda Pmy Robs 7 cts over London 89.46 N Indonesia EK1 2 cts under London 80.46 N Ecuador Ext Sup 18 cts under "C" 156.00 N NEW YORK - KAVA cijene pri zatvaranju burze 03. prosinca 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE DEC7 174.00 174.00 176.50 172.80 174.00 174.00 1 MAR8 167.25 166.50 169.00 165.10 167.00 167.30 1 MAY8 160.25 159.75 161.50 159.00 160.25 160.25 1 JUL8 153.75 153.50 154.25 151.50 152.80 152.90 1 SEP8 147.00 147.00 148.00 146.00 146.50 146.55 1 DEC8 142.00 141.00 142.00 141.00 141.50 141.75 1 MAR9 138.00 137.00 138.00 137.25 136.00 136.75 1 MAY9 131.25 136.00 136.75 1 CSCE coffee ends lower in a consolidation NEW YORK, Dec 3 (Reuters) - CSCE coffee futures ended lower in moderate trading Wednesday, as the market took a breather following two consecutive sessions of sharp gains, traders said. "It was a light volume correction," said one trader. Traders attributed most of the day's losses to speculative profit-taking and options-related sales, but they said light local and commission house buying and scale-down trade interest limited the downturn and prevented the benchmark March contract from breaching chart support at 165 cents per lb. March arabicas fell 1.20 cents per lb on the day, to 167.30 cents, after ranging between 169.00 and 165.10. Spot December ended 1.50 cents lower at 174.00 cents, while the rest of the board finished down 0.50 to 2.85 cents. The December/March switch narrowed to 6.70 cents compared with 7.00 cents at the close on Tuesday. March/May widened to 7.05 cents from 6.35 cents. Arabica prices came under pressure from the opening as traders said the market was due for a technical correction following its recent sharp run-up. The March contract had gained 13.45 cents -- or about nearly nine percent -- in the past two sessions. Since Novemeber 3, March arabicas had surged nearly 24 percent. While some traders expected the market to retrace further as the flow of new-crop coffee to the U.S. picked up and estimates for the Brazil 1998/99 crop -- which is expected to come in at over 30 million bags -- emerge, other traders viewed today's setback as a consolidation of gains before the uptrend resumes. "It's going to be a tight situation regardless of what happens in Brazil," said another trader. Low levels of coffee stocks in the U.S. have underpinned sentiment for the past month, but this week's run-up has been supported by labor unrest in Brazil and export delays and crop quality problems in Central America and Mexico due to inclement weather. On Wednesday, Weather Services Corp meterologist Mike Palmerino said a tropical disturbance off the west coast of southern Mexico could spread more rains into Guatemala and the Mexican coffee-producing states of Chiapas and Oaxaca. He noted, however, the heaviest rainfall was most likely to fall along the coast, not in the interior where the coffee is grown. After Wednesday's close, CSCE reported certified coffee stocks rose by 1,667 60-kg bags as of December 2, to 23,443 bags. There were an additional 16,997 bags of coffee pending grading, the exchange said. Technically, traders after 165 cents, March support was seen near 160 cents. On the upside, March faced resistance at 170.00 cents, followed by 175 cents. Turnover reached an estimated 7,386 lots. 041114 MET dec 97