CIJENE OBOJENIH METALA NA BURZI U LONDONU

LONDONSKA BURZA KOVINA: SLUŽBENE CIJENE 05.09.1996. LME OFFICIAL PRICES - SEP 05 CASH 3 MTHS 15 MTHS 27 MTHS SETT COPPER 2012.0/13.0 1999.0/00.0 1930.0/40.0 1950.0/60.0 2013 (STG EQV) 1283.15 1275.21 TIN 6192/6195 6250/6255 6325/6335 6195 LEAD 820.00/1.00 814.00/5.00 782.00/7.00 821 (STG EQV) 523.33 519.65 ZINC 1015.5/16.0 1041.5/42.5 1113.0/18.0 1133.0/38.0 1016 ALU.HG 1473.5/74.0 1508.0/08.5 1628.0/33.0 1693.0/98.0 1474 NICKEL 7431/7432 7530/7532 7800/7820 7920/7940 7432 ALALLOY 1252.0/55.0 1286.0/87.0 1420.0/40.0 1255 SETTLEMENT RATES - GBP 1.5688 DEM 1.4826 JPY 109.05 Copper slumps on LME, market edgy around $2,000 LONDON, Sept 5 (Reuter) - Three months copper dropped again again on the LME on Thursday, as a nervy market tumbled under $2,000 before cutting losses by the end of the kerb. Traders said the pattern matched trends seen throughout this week, with volatile movements taking place against a background of delta-hedging against options. This causes the market to range violently at times, as cover is put on and taken off, and short-term uncertainty is being compounded by easing spread premiums, particularly nearby, where cash/September is now at a $1.50/2.00 contango. The overall cash/threes backwardation has narrowed considerably to $10/15, against $20 on Wednesday and levels near $60 last Friday. Fears that current prompt dates, which relate to the major sell-offs of June, would be tightness hot-spots have proved to be unfounded. "Everybody who was short had plenty warning, so they covered or rolled forward. Further forward, it does not look like a problem at the moment," one said. Three months prices tumbled to $1,990 at one point, when fresh selling and sell-stops briefly threatened a downside break. However, this level turned out to be intermediate support above the key $1,970 level, and prices edged back up to $1,998, down $22 from Wednesday's kerb. There was little to excite elsewhere in the complex, where current contained trading ranges suggest that prices are aptly reflecting fundamentals, so speculative interest is subdued. Aluminium continues to trade routinely above $1,500, with prices finishing the kerb at $1,505.50, down just $2.50. Lead prices closed the morning at $815, against Wednesday's $815.50, with traders eyeing November tightness which has helped push cash/threes to $6 backwardation. Zinc inched above $1,040, trying to settle into a new $10 chart range, closing the morning at $1,042, a $4 gain. Nickel prices were put on the defensive by cash pricing sales, and slid back to $7,510, down $40. Tin continues to be inhibited by the likelihood of overhead sales by China, and stood at a steady $6,250/60 after a quiet session. Alloy was similarly stable, concluding the kerb at $1,286/87 a tonne. FRANCUSKA BURZA KOVINA - 05. rujna 1996. BAKAR FFR/100 KG 1081 KOSITAR FFR/100 KG 3719 CINK EL. FFR/100 KG 572 ALUMINIJ FFR/100 KG 1065 SREB. C3E FFR/KG 801/935 PLATINA FFR/KG 55000/90700 PALADIJ FFR/KG 19300/27700 IRIDIJ FFR/KG 3100/25600 KOBALT FFR/100 KG 31798 ŽIVA FFR/100 KG 5200 NJEMAČKA BURZA KOVINA - 05. rujna 1996. - u DEM po 100 kg BAKAR ELEKTROLITIK 305.51/313.16 OLOVO U KABELIMA 99.94% 137.00/138.00 051634 MET sep 96