CIJENE OBOJENIH METALA NA BURZI U LONDONU

LONDONSKA BURZA KOVINA: SLUŽBENE CIJENE 23.09.1996. LME OFFICIAL PRICES - SEP 23 CASH 3 MTHS 15 MTHS 27 MTHS SETT COPPER 1857.0/58.0 1871.0/72.0 1870.0/80.0 1915.0/25.0 1858 (STG EQV) 1195.62 1205.09 TIN 6000/6005 6051/6052 6115/6125 6005 LEAD 760.00/1.00 763.00/4.00 735.00/0.00 761 (STG EQV) 489.7 491.82 ZINC 992.0/93.0 1018.0/18.5 1090.0/95.0 1113.0/18.0 993 ALU.HG 1367.5/68.0 1403.5/04.0 1528.0/33.0 1603.0/08.0 1368 NICKEL 7140/7150 7255/7260 7560/7580 7680/7700 7150 ALALLOY 1197.0/00.0 1227.0/32.0 1360.0/80.0 1200 SETTLEMENT RATES - GBP 1.554 DEM 1.517 JPY 109.82 LME aluminium hits fresh lows, others sickly LONDON, Sept 23 (Reuter) - Industrial metal prices were under pressure again across the board during the morning session of the London Metal Exchange (LME) on Monday as general selling gathered pace. "The whole thing looks very sloppy indeed," said one floor trader. "It's difficult to see when all this is going to end." Aluminium slumped to a 2-1/4 year low of $1,392 a tonne, tin notched a six-month nadir of $6,000 and lead hit a ten-week low of $764. Copper was also firmly rooted in the minus column. Aluminium was under pressure from the start as the flagship copper contract fell during the pre-market. But trade and consumer buying helped to keep values above the psychologically important $1,400 level for most of the session. However as selling pressure picked up during an active kerb, consumers backed off, awaiting lower numbers. They quickly came as sell stops below $1,400 were triggered, dragging the market to the low of $1,392 by the end of the morning kerb versus $1,412 at Friday's afternoon kerb finish. Traders said bearish sentiment was swamping the metals complex. But adding to aluminium's woes were rising stocks, rising production and slow physical demand worldwide. Chartists said the next downside target was pegged at $1,330/35. First resistance was expected to emerge at $1,400/05 and then $1,440. Tin fell to $6,000 at one stage as sell stops below key support of $6,060 were triggered. The last time the market was at such low levels was in March this year. Traders said comments by a Brazilian mine official that world tin stocks would finish 1996 at 36,000 tonnes against 30,000 at the end of 1995 weighed on the market. The Association of Tin Producing Countries (ATPC) met in Singapore on Monday on the first day of a two-day ministerial conference. The group was weakened by the defection of two of its members last week, Australia and Thailand. Three month tin futures finished the morning kerb session at $6,010 against $6,100/05 on Friday. Copper fell throughout the morning, with a flurry of cash sales for pricing accelerating the losses. Three months ended the session down $33 at $1,867. Floor traders said important support at $1,850 looked vulnerable, and below it $1,790/800 was the next target. Lead hit a ten-week low of $764, with active cash selling at the end of the official ring noted. Rising stocks were a background fundamental factor. Traders said Chinese lead was arriving in Singapore warehouses, while in Europe demand was sluggish. Battery manufacturers in the region appeared to be well covered for the time being, physical traders said. Zinc fell $13 to $1,017 in line with general trend, and nickel slumped $155 to $7,225. Alloy was last indicated at $1,225/30 from $1,232/40. FRANCUSKA BURZA KOVINA - 23. rujna 1996. BAKAR FFR/100 KG 1013 KOSITAR FFR/100 KG 3652 CINK EL. FFR/100 KG 572 ALUMINIJ FFR/100 KG 1065 SREB. C3E FFR/KG 764/892 PLATINA FFR/KG 55300/91000 PALADIJ FFR/KG 17900/26300 IRIDIJ FFR/KG 4000/26500 KOBALT FFR/100 KG 32330 ŽIVA FFR/100 KG 5200 NJEMAČKA BURZA KOVINA - 23. rujna 1996. - u DEM po 100 kg BAKAR ELEKTROLITIK 287.07/296.95 OLOVO U KABELIMA 99.94% 130.75/131.75 231610 MET sep 96