CIJENE OBOJENIH METALA NA BURZI U LONDONU

-> HINA 17.09.1996 04:01:00 255 LME OFFICIAL PRICES - SEP 17 CASH 3 MTHS 15 MTHS 27 MTHS SETT COPPER 1866.0/67.0 1862.0/63.0 1840.0/50.0 1870.0/80.0 1867 (STG EQV) 1200.8 1198.86 TIN 6045/6050 6105/6110 6175/6185 6050 LEAD 770.50/1.50 775.00/6.00 750.00/5.00 771.5 (STG EQV) 496.21 499.36 ZINC 990.5/91.0 1017.0/18.0 1090.0/95.0 1113.0/18.0 991 ALU.HG 1375.0/76.0 1410.5/11.0 1533.0/38.0 1604.0/09.0 1376 NICKEL 7265/7270 7370/7380 7660/7680 7780/7800 7270 ALALLOY 1194.0/95.0 1227.0/30.0 1360.0/80.0 1195 SETTLEMENT RATES - GBP 1.5548 DEM 1.5121 JPY 110.17 Copper flat on LME, market momentarily in contango LONDON, Sept 17 (Reuter) - Copper prices were generally on the defensive during lacklustre Tuesday LME trading, with the cash/threes spread briefly moving into a contango for the first time since January 1995. Other metals were distinctly sluggish as well, with aluminium skidding to new two-year lows, lead and nickel continuing Monday's declines, and zinc and tin lacking interest. Overall market sentiment was gloomy and volumes were thin throughout, traders said. "There was a little bit of interest early on, but then nothing. The trouble is nobody wants to take it (the market) on, and the rallies end up going nowhere," one said. Copper focussed on nearby spreads, with the three months market hardly shifting from the $1,855/70 a tonne band so far this week. The benchmark cash/threes spread touched $2 contango in the early ring before moving to a $1/5 backwardation. On Monday the cash premium was $8/9, having moved from $20 last week. Traders said once the September date passed smoothly on Monday, nearby spreads moved from premiums to contango as the market is long of immediate dates. Cash/Oct was at $5 contango, Oct/Nov was level, while November to threes months remains at $6 backwardation. This has pulled in the overall cash/threes spread, and traders expect the contango to become established in the next few weeks. Stocks, meanwhile, fell by 1,475 tonnes, but did not impact too much on the market. Last three months trade on the kerb was at $1,867, a $2 gain from Monday. Commission house and speculative selling pushed aluminium to a new two-year low of $1,411, but the $1,410 level attracted trade interest, and last morning trade was unchanged at $1,415. In the short-term stocks are seen continuing to rise, with inventories up 7,400 tonnes on Tuesday, and the market is likely to test $1,400 soon, traders said. Lead was pressured initially by follow-through selling prompted by fund sales on Monday and the downside breach of $800. But prices are becoming oversold, and the market bounced from $770 to conclude the kerb at $777, still down $7. Similar pressures were seen in nickel, which is paying little heed to the Inco dispute in Canada, and technical sales sent prices under $7,400. However, conditions were thin and three months ended the kerb indicated at $7,390/400, against $7,420 on Monday. Zinc continued to benefit from underlying trade support and was $2 steadier at $1,020. Tin was slow and was just $5 softer at $6,105. Alloy eased back and was quoted at $1,225/30, down $10. FRANCUSKA BURZA KOVINA - 17. rujna 1996. BAKAR FFR/100 KG 1018 KOSITAR FFR/100 KG 3715 CINK EL. FFR/100 KG 572 ALUMINIJ FFR/100 KG 1065 SREB. C3E FFR/KG 794/926 PLATINA FFR/KG 55300/91000 PALADIJ FFR/KG 17900/26300 IRIDIJ FFR/KG 4000/26500 KOBALT FFR/100 KG 32293 ŽIVA FFR/100 KG 5200 NJEMAČKA BURZA KOVINA - 13. rujna 1996. - u DEM po 100 kg BAKAR ELEKTROLITIK 290.01/299.87 OLOVO U KABELIMA 99.94% 136.75/137.75 171644 MET sep 96