CIJENE ŠEĆERA NA BURZI U NEW YORKU

CIJENE ŠEĆERA NA BURZI U NEW YORK-U NEW YORK - Šećer br.11 cijene pri zatvaranju burze 05. prosinca 1997. POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBA MAR8 12.43 12.39 12.44 12.33 12.43 12.44 MAY8 12.32 12.30 12.35 12.25 12.32 12.33 JUL8 11.95 11.99 12.00 11.94 11.94 11.95 OCT8 11.72 11.74 11.75 11.70 11.72 11.72 MAR9 11.57 11.57 11.59 11.57 11.54 11.55 MAY9 11.50 11.50 11.50 11.50 11.50 11.50 JUL9 11.45 11.47 11.47 11.45 11.44 11.45 OCT9 11.47 11.42 11.42 CSCE world sugar ends slightly higher, volume low NEW YORK, Dec 5 (Reuters) - CSCE world sugar ended slightly higher Friday, but volumes remained low, as the market continued to consolidate following the rally to 16-month highs seen on Monday this week. "I'm surprised the sugar market has held up this well, given there's been little further physical offtake after Russian buying was seen last week," Merrill Lynch analyst Judith Ganes said. CSCE March world sugar ended up 0.06 cent at 12.44 cents, after trading a 12.33-12.44 cent range, but back months ended slighlty lower. The March/May spread edged out to 0.11 cents from 0.06 cent last week. Estimated total CSCE world sugar volume was around 9,000 lots, compared to Thursday's cleared volume of 13,501 lots. The March contract's five day moving-average remains above its 21-day average, and above its 55-day average, suggesting the uptrend remains intact, analysts noted. But in industry news, operators at Brazil's key port of Santos returned to work on Friday morning after an eight-day strike and vessels were starting to operate normally again, the port authority CODESP said. Sugar prices saw a 16-month high Monday this week, supported by Russian buying, following a disappointing harvest of the 1997/98 sugar beet crop which was damaged by rain. Last week London trade house C. Czarnikow forecast world sugar production in 1997/98 at 122.8 million tonnes, raw value, 450,000 tonnes below its previous forecast and down from 123.1 million tonnes in 1996/97. The Indian crop was seen smaller, but Brazilian production was seen rising, along with Brazilian exports. But when India's huge stockpile of sugar was excluded from the equation, world sugar stocks are seen rising somewhat in 1996/97, analysts said. And raw sugar supply in the current year was likely to be much tighter than white sugar supply, reducing the white's premiums over the raws. 081109 MET dec 97