CIJENE KAVE NA BURZI U NEW YORKU

CIJENE KAVE U NEW YORK-U SAD - KAVA trgovačke spot cijene 23. prosinca 1997. Differentials /spot/ ZADNJA Santos 4's 2 cts under "C" 160.40 N Colombian MAMs 16 cts over "C" 178.40 N El Salvador 7 cts over "C" 169.40 N Mexican 2 cts under "C" 160.40 N Guatemala 7 cts over "C" 169.40 N Peru 4 cts over "C" 166.40 N Uganda Pmy Robs 10 cts over London 86.65 N Indonesia EK1 2 cts over London 78.65 N Ecuador Ext Sup 18 cts under "C" 144.40 N NEW YORK - KAVA cijene pri zatvaranju burze 24. prosinca 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE MAR8 159.75 161.50 162.40 158.50 159.60 159.80 1 MAY8 155.75 157.25 157.75 154.75 155.50 155.60 1 JUL8 150.00 151.75 152.00 150.00 150.00 150.00 1 SEP8 145.50 145.00 145.75 145.50 143.50 144.00 1 DEC8 142.50 142.50 142.50 142.50 139.00 139.25 1 MAR9 138.00 136.50 137.00 1 MAY9 135.00 136.50 137.00 1 CSCE coffee ends marginally lower ahead of holiday NEW YORK, Dec 24 (Reuters) - CSCE coffee futures ended slightly lower Wednesday, in an abbreviated session, ahead of the Christmas holiday Thursday which will close the exchange Thursday and Friday this week. "Coffee prices will probably go lower from here as the inventories are rising and a larger crop next year is on the way," Salomon Smith Barney analyst Walter Spilka said. CSCE March coffee was ended down 2.60 cents at 159.80 cents a pound, after trading a 162.40-158.50 range. Coffee prices have fallen sharply in the past ten days, after seeing a three month high on December 10 at 188.50 cents in the March contract. The March contract's five-day moving-average is now back below its 21-day moving average, but remains above the 55-day average, analysts noted. The March/May spread ended little changed around 4.00 cents a pound, but has contracted from over 8.00 cents in early December as The coffee market's six-week rally to 6-1/2 month highs came to an abrupt halt last week, as funds liquidated long positions, prompted by a build up in CSCE certified stocks. CSCE coffee stocks have risen to 99,740 60-kg bags as of December 22, up from less than 20,000 bags in late November. A large crop next year Brazil is also expected to ease the tightness. The U.S. Agriculture Department (USDA) attache's report Tuesday revised revised upward its estimate of Brazilian coffee production estimate for 1996/97 (July-June) to 28.0 million 60 kg-bags, compared to the previous estimate of 27.5 million bags. The USDA also revised up its Brazilian production estimate for 1997/98 to 26 million bags. 291153 MET dec 97