LONDONSKA BURZA KOVINA: SLUŽBENE CIJENE 09.09.1996.
LME OFFICIAL PRICES - SEP 09
CASH 3 MTHS 15 MTHS 27 MTHS SETT
COPPER 1959.0/61.0 1944.0/45.0 1895.0/05.0 1915.0/25.0 1961
(STG EQV) 1256.49 1246.63
TIN 6198/6200 6248/6249 6320/6330 6200
LEAD 816.50/7.00 814.50/5.00 783.00/8.00 817
(STG EQV) 523.48 522.37
ZINC 1007.0/07.5 1034.0/34.5 1107.0/12.0 1128.0/33.0 1007.5
ALU.HG 1449.0/49.5 1484.0/84.5 1603.0/08.0 1667.0/72.0 1449.5
NICKEL 7480/7485 7580/7585 7855/7875 7975/7995 7485
ALALLOY 1253.0/55.0 1282.0/85.0 1420.0/40.0 1255
SETTLEMENT RATES - GBP 1.5607 DEM 1.4915 JPY 109.02
Copper higher at LME midday, conditions treacly
LONDON, Sept 9 (Reuter) - Copper prices were steadier at the
end of an uninspiring Monday official ring session on the LME,
but the upmove was more a struggle than a confident advance,
traders said.
Interest was generally slow throughout the session across
the board, and there was little significant price movement apart
from copper and nickel, where thin conditions helped the latter
market notch up gains.
"There is very little to get excited about today. Copper has
moved higher, I suppose, with the spreads having picked up a
little," one trader said.
Copper initially hardly budged from pre-weekend levels,
before skipping higher in the rings, clearing the $1,940 level
in relatively thin trading. By the end of the kerb three months
was at $1,945 a tonne, a $12 gain from last Friday.
Cash/threes, meanwhile, traded at $13 backwardation and was
indicated at $14/16, slightly above previous levels near $10.
However, there is little pressure on nearby dates, with
cash/September at $2 contango and Sept/two days at a small $1
backwardation.
In the short-term the market will probably continue to
range, with well-established resistance at $1,970 and price dips
meeting support anywhere from around $1,910.
The aluminium market hardly moved all morning, with interest
reduced by many participants attending an industry conference in
Germany. Prices were comfortable above $1,480, and concluded the
session at an unchanged $1,484.
Nickel raced higher during the pre-market, but was unable to
maintain its advance during the open-outcry sessions, stalling
at $7,600 and ending at $7,590, up $70.
Traders attributed nickel's advances to continued
uncertainty over Russian shipments, although there has been no
news of disruption.
Lead inched higher, but business was lacklustre with prices
indicated some $6.50 higher at $815/16. Zinc has settled back
into the $1,030/40 band and was at $1,035 by the end of the
kerb, up just $1.
Slow physicals kept tin interest at a minimum, and prices
remain trapped between overhead producer selling and expected
consumer interest underneath. Three months was $10 higher at
$6,255.
The alloy market was neglected, and quoted at a slightly
steadier $1,282/85.
FRANCUSKA BURZA KOVINA - 09. rujna 1996.
BAKAR FFR/100 KG 1058
KOSITAR FFR/100 KG 3729
CINK EL. FFR/100 KG 572
ALUMINIJ FFR/100 KG 1065
SREB. C3E FFR/KG 797/929
PLATINA FFR/KG 55300/91000
PALADIJ FFR/KG 17900/26300
IRIDIJ FFR/KG 4000/25600
KOBALT FFR/100 KG 31950
ŽIVA FFR/100 KG 5200
NJEMAČKA BURZA KOVINA - 09. rujna 1996. - u DEM po 100 kg
BAKAR ELEKTROLITIK 293.82/307.54
OLOVO U KABELIMA 99.94% 137.25/138.25
091630 MET sep 96
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