CIJENE KAVE NA BURZI U NEW YORK-U
NEW YORK KAVA FIZIČKI SPOTOVI - 20. kolovoza 1996. cijene su u
američkim centima po libri
Differentials ZADNJA
Santos 4's 5 cts under "C" 117.50 N
Colombian MAMs 35 cts over "C" 157.50 N
El Salvador 7 cts over "C" 129.50 N
Mexican even to "C" 122.50 N
Guatemala 7 cts over "C" 129.50 N
Peru 3 cents over "C" 125.50 N
Uganda Pmy Robs 4 cts over London 80.20 N
Indonesia EK1 even to London 76.20 N
Ecuador Ext Sup 12 cts under "C" 110.50 N
NEW YORK - KAVA cijene pri zatvaranju burze 20. kolovoza 1996.
MJE POSLJ OTVA NAJ NAJ ZATVA NAGO
SEC EDNJA RANJE VIŠA NIŽA RANJE DBE
SEP6 123.00 120.25 123.00 119.80 122.00 122.50 1
DEC6 115.10 113.10 115.45 112.60 114.80 115.05 1
MAR7 110.30 109.00 110.75 108.40 110.25 110.30 1
MAY7 109.00 108.50 109.30 109.00 109.90 110.10 1
JUL7 109.75 107.50 109.75 109.75 109.45 109.50 1
SEP7 109.50 108.00 110.00 109.50 109.45 109.50 1
DEC7 107.00 109.45 109.50 1
CSCE coffee ends higher after late bounce
NEW YORK, Aug 20 (Reuter) - CSCE coffee prices ended
higher Tuesday after a late-session bout of fund buying drove
the market through key resistance levels, trading sources
said.
After a very sluggish start to the day, the market perked
up ahead of the close when light speculative buying pushed
most-active December through nearby resistance at 114.50. Buy
stops were activated at that level, attracting steady bidding
on the part of commodity funds.
December settled at 115.05 cents per lb Tuesday, up 1.75
on the day and just above the widely-watched 115-mark. Dealers
said the break through resistance could inspire some
additional chart-driven buying at Wednesday's open.
Traders for the most part shrugged off the latest round of
certified stocks data, released after the close of business on
Monday. The report, which revealed a 6,259-bag drawdown in
Exchange-deliverable coffee, came in largely as expected,
traders said.
"The market didn't really react to the report," said one
trader. "The only people who care about the stocks are those who
have September positions."
He added that as long as September's open interest continued
to decline in orderly fashion, a last-minute panic rally on
September was less likely.
More important, they said, was the report of 19,000 bags
of coffee reported as pending Exchange certification.
While the large pending tally had also been talked about
ahead of time, dealers said it initially pressured the nearby
switch. But the September-December spread widened back out to
just above unchanged, however, aided by views that at least
some of the 19,000 bags would not meet with Exchange approval.
Several traders also pointed out that even if the 19,000
bags were graded, September's 4,133 lots of open interest
still dwarfed the 230 lots (34,516 bags) contained in the
overall certified cache.
211055 MET aug 96
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