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CIJENE OBOJENIH METALA NA BURZI U LONDONU

LONDONSKA BURZA KOVINA: SLUŽBENE CIJENE 22.08.1996. LME OFFICIAL PRICES - AUG 22 CASH 3 MTHS 15 MTHS 27 MTHS SETT COPPER 1966.0/67.0 1927.0/28.0 1860.0/70.0 1880.0/90.0 1967 (STG EQV) 1271.08 1246.52 TIN 6095/6100 6149/6150 6215/6225 6100 LEAD 813.00/4.00 813.50/4.00 793.00/8.00 814 (STG EQV) 526.01 526.28 ZINC 997.0/98.0 1023.0/23.5 1093.0/98.0 1118.0/23.0 998 ALU.HG 1451.5/52.5 1485.0/86.0 1598.0/03.0 1658.0/63.0 1452.5 NICKEL 7180/7185 7280/7285 7575/7595 7740/7760 7185 ALALLOY 1250.0/53.0 1285.0/90.0 1420.0/40.0 1253 SETTLEMENT RATES - GBP 1.5475 DEM 1.4954 JPY 108.58 LME stolid by close, awaits fourth quarter demand LONDON, Aug 22 (Reuter) - Business was slow on the London Metal Exchange (LME) close on Thursday in a market subdued by the summer holidays. "It's routine and activity is unlikely to pick up until September when consumer activity and demand is expected to blossom," one trader said. The trader said the upcoming long UK holiday weekend and the US Labour Day next week is likely to keep prices within their recent well worn ranges. Recent market leader copper failed to shine, remaining confined in a tight range of between $1,929 and $1,939. Benchmark three months delivery ended the kerb at $1,935, down $1 from Wednesday's close. Nearby spreads continued to be the main feature, with the September copper spreads holding main attention. Sept/one day hovered at $3/$4 backwardation, Sept/threes near $39, while Sept/Oct stood at $20. Outright cash to three months was uninspiring at a $38 backwardation. The range of between $1,900 and $1,970 looks unlikely to be breached near-term, traders said. A lack of physical demand led to technical trading in other base metals. Aluminium, entrenched in a band between $1,484 and $1,490, matched copper's uninspiring session. It was last at $1,487, down $3. Nickel boosted by trade buying and buy-stop activity extended its recent rally above resistance at $7,300, though late bouts of profit-taking restricted further gains. It was last at $7,360, versus $7,250. Zinc clawed higher to finish at $1,030, up $8. Lead was last at $818, down $2, while tin was little moved at $6,165. Alloy was stable at $1,285/90. 221839 MET aug 96

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