CIJENE OBOJENIH METALA NA BURZI U LONDONU

LONDONSKA BURZA KOVINA: SLUŽBENE CIJENE 01.10.1996. LME OFFICIAL PRICES - OCT 01 CASH 3 MTHS 15 MTHS 27 MTHS SETT COPPER 1903.0/04.0 1910.0/12.0 1885.0/95.0 1925.0/35.0 1904 (STG EQV) 1217.86 1223.82 TIN 5861/5862 5929/5930 6065/6075 5862 LEAD 741.00/2.00 744.00/5.00 725.00/0.00 742 (STG EQV) 474.61 476.85 ZINC 991.0/92.0 1015.0/16.0 1085.0/90.0 1112.0/17.0 992 ALU.HG 1322.0/22.5 1358.0/58.5 1485.0/90.0 1572.0/77.0 1322.5 NICKEL 6906/6907 7020/7025 7330/7350 7450/7470 6907 ALALLOY 1190.0/92.0 1210.0/12.0 1335.0/55.0 1192 SETTLEMENT RATES - GBP 1.5634 DEM 1.5251 JPY 111.35 LME in tatters at midsession, buyers desert market LONDON, Oct 1 - (Reuter) - Base metals prices, barring zinc, were put to the sword during Tuesday LME official ring trading, as midmorning attempts to regroup were brushed aside by widespread liquidation and speculative sales, traders said. Copper again led the way lower, tumbling under $1,900, while tin, lead, and aluminium also fell below important technical standpoints as bearish sentiment swept from one market to another, they said. "To some extent it is a pure sentiment play. People want to sell copper and that spills over everywhere else. If you are going to play the market you play it from the short side mostly," one said. Warehouse stock data earlier in the session was potentially supportive for metals such as copper, aluminium and lead, but the impact was muted once copper turned lower with a vengeance. Copper stocks fell by 7,825 tonnes and further falls are being forecast. But with the market again in a contango and Wednesday October option declarations not likely to throw up surprises, a mid-morning rally failed near $1,930. "It really needed to get back to $1,950, and once it became obvious that was out of bounds some of the funds were selling," another trader said. Three months prices hit a low of $1,890 before bargain-hunting day-traders stepped in and raised the market back up to $1,900 a tonne by the close of the kerb, still down $28 from Monday. As always with copper prior to an option expiry, there is an element of uncertainty, but the general outlook is poor and $1,875 is being targeted, traders said. Aluminium basically ignored a surprising stock fall of 950 tonnes, and slumped to a new 2-1/4 year low of $1,357. Consumer offtake is low key and the general trend in inventory movements is upwards. Prices bottomed out at $1,357, but still closed $14.50 softer at $1,363. If $1,350 is breached, technicians expect $1,300 to be visited. Tin was sent packing down to 16-month lows of $5,900 when the breach of $6,000 triggered a host of sell-stops. Again there was little fundamental behind the fall, and last kerb trade was at $5,940, down $80 a tonne. Lead extended Monday's falls, and dropped to a new seven-month low of $745, despite a 1,600-tonne decline in stocks. Last trade was at $750, down $6, and a conclusive break under the level could see much steeper declines, they said. Nickel similarly fell back, but managed to hold the $7,000 level, although last morning business was at $7,045, a $55 loss from Monday. Stocks rose again by 192 tonnes -- a trend seen continuing. Zinc was the exception to the trend this morning, and was unchanged at $1,016 a tonne. Traders see this market nicely esconsed in a $1,015/30 range, with price falls outside this band meeting trade support. Alloy was marked down with primary, and was placed at $1,210/12 a tonne, against an overnight $1,230. FRANCUSKA BURZA KOVINA - 01. listopada 1996. BAKAR FFR/100 KG 1041 KOSITAR FFR/100 KG 3587 CINK EL. FFR/100 KG 572 ALUMINIJ FFR/100 KG 1065 SREB. C3E FFR/KG 764/891 PLATINA FFR/KG 55300/91000 PALADIJ FFR/KG 17900/26300 IRIDIJ FFR/KG 4000/26500 KOBALT FFR/100 KG 32272 ŽIVA FFR/100 KG 5200 NJEMAČKA BURZA KOVINA - 01. listopada 1996. - u DEM po 100 kg BAKAR ELEKTROLITIK 295.75/305.69 OLOVO U KABELIMA 99.94% 128.50/129.50 011632 MET oct 96