CIJNE KVE NA BURZI U NEW YORK-
SAD - KAVA Trgovačke spot cijene 10. listopada 1996.
Differentials ZADNJA
Santos 4's 1 cts over "C" 115.90 N
Colombian MAMs 24 cts over "C" 138.90 N
El Salvador 8 cts over "C" 122.90 N
Mexican 6 cts over "C" 120.90 N
Guatemala 8 cts over "C" 122.90 N
Peru 6 cents over "C" 120.90 N
Uganda Pmy Robs 4 cts over London 73.08 N
Indonesia EK1 2 cts under London 67.08 N
Ecuador Ext Sup 12 cts under "C" 102.90 N
NEW YORK - KAVA cijene pri zatvaranju burze 10. listopada 1996.
MJE POSLJ OTVA NAJ NAJ ZATVA NAGO
SEC EDNJA RANJE VIŠA NIŽA RANJE DBE
DEC6 115.00 113.00 115.40 112.60 114.70 114.90 1
MAR7 106.90 105.20 107.40 104.80 106.70 106.80 1
MAY7 106.50 105.00 106.60 104.50 106.00 106.25 1
JUL7 106.00 105.00 106.00 105.00 106.00 106.00 1
SEP7 105.00 106.00 106.10 1
DEC7 104.75 106.00 106.50 1
MAR8 104.50 105.50 105.75 1
CSCE coffee ends higher, but resistance holds
NEW YORK, Oct 10 (Reuter) - CSCE coffee prices ended higher
Thursday, led once again by the spot contract, as concerns about
near-term supplies persisted, trading sources said.
Traders said fund buying accounted for the bulk of the day's
gains, reversing morning losses and lifting the most-active
December contract to a peak of 115.40 cents a lb.
But steady selling by origins limited the market's move to
the upside and pinned the December position below chart support
at 116.00 cents.
December ended up 1.35 cents at 114.90, its highest close
since Aug 30. December's premium to second-month March widened
to 8.10 cents from 7.70 cents at the close Wednesday.
However, the spot contract's steep premium to the back
months could be short-lived, traders said, with stockpiles
expected to build in the coming months.
"In the immediate future, supplies are still going to be
tight and that is reflected in the December contract," said an
industry analyst. "Eventually there will be more supplies, which
is keeping the back months lower."
Reflecting the supply crunch, U.S. exchange-certified coffee
stocks are at the lowest levels in 12 years, she noted, with
many new-crop Latin American beans slow coming to market.
Mexico said its crop could be delayed due to heavy rains
while there were also reports that Guatemala and Costa Rica
could also face crop delays.
Traders continued to turn to the options pit Thursday, with
call options turnover reaching 1,496 lots by the close. An
estimated 851 lots of put options changed hands.
Future's volume was moderate, at an estimated 8,686 lots.
111051 MET oct 96
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