CIJNE KAVE NA BURZI U NEW YORK-
SAD - KAVA Trgovačke spot cijene 23. listopada 1996.
Differentials ZADNJA
Santos 4's 1 cent under "C" 118.30 N
Colombian MAMs 23 cts over "C" 142.30 N
El Salvador 8 cts over "C" 127.30 N
Mexican 6 cts over "C" 125.30 N
Guatemala 8 cts over "C" 127.30 N
Peru 6 cts over "C" 125.30 N
Uganda Pmy Robs 4 cts over London 73.76 N
Indonesia EK1 2 cts under London 67.76 N
Ecuador Ext Sup 12 cts under "C" 107.30 N
NEW YORK - KAVA cijene pri zatvaranju burze 23. listopada 1996.
MJE POSLJ OTVA NAJ NAJ ZATVA NAGO
SEC EDNJA RANJE VIŠA NIŽA RANJE DBE
DEC6 119.30 118.50 122.75 116.50 119.05 119.30 1
MAR7 105.25 107.25 108.40 102.50 105.00 105.10 1
MAY7 103.75 105.60 106.50 102.00 103.50 103.75 1
JUL7 104.00 105.00 106.00 103.25 103.25 103.90 1
SEP7 102.50 104.50 106.00 102.50 102.50 102.50 1
DEC7 103.00 104.00 104.95 103.00 103.25 104.15 1
MAR8 103.00 103.00 103.15 1
CSCE coffee ends mixed, spot December higher
NEW YORK, Oct 23 (Reuter) - CSCE coffee futures ended
mixed in volatile trade with the spot contract advancing amid
persistent near-term supply jitters, traders said.
But a late round of speculative and local profit taking
cut deeply into December's earlier gains and pushed the back
months into negative territory, they said.
"The market ran up so fast it hit a vacuum," said Smith
Barney analyst Walter Spilka. "It got overbought and we saw
some profit taking."
The December contract surged more than 5.00 cents a lb to
peak at 122.75, before ending up 1.70, at 119.70, its highest
settlement since August 26. The low was 116.50.
Second-month March finished 1.50 cents lower at 105.10,
while the rest closed 0.10 to 1.75 weaker.
Spilka said tight near-term availability continued to
benefit the December/March switch, which swelled to 14.20
cents compared with 11.00 cents at the close Tuesday.
A steep 80 percent drawdown in weekly certified stocks
highlighted the supply woes, Spilka said. He added that delays
in the Central American and Mexican coffee harvest due to
heavy rains, and mounting worries about truckers' strike in
Colombia contributed to concerns.
Traders said talk on the floor Wednesday about a possible
end to the 10-day truckers' strike may have weighed on the
market.
On Wednesday, Colombian Interior Minister Horacio Serpa
met with representatives of striking truck drivers in an
effort to end the work stoppage.
There was no immediate word on the outcome of the talks,
but truckers said they were hopeful about reaching a quick
settlement.
The head of Colombia's National Coffee Growers Federation
said Tuesday that the strike had paralyzed the nation's coffee
industry and forced delays in the shipment of about 250,000
60-kilo bags of coffee promised for delivery in October.
Volume was heavy, at an estimated 13,922 lots.
241044 MET oct 96
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