CIJENE ŠEĆERA NA BURZI U NEW YORKU

CIJENE ŠEĆERA NA BURZI U NEW YORK-U NEW YORK - Šećer br. 18 službena količina 06. studenoga 1996. Mar97 10309 May97 1450 Jul97 646 Oct95 457 Mar98 210 May98 10 Jul98 0 Ukupna službena količina 13082 NEW YORK - Šećer br.11 cijene pri zatvaranju burze 07. studenoga 1996. POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBA MAR7 10.46 10.44 10.51 10.39 10.46 10.48 MAY7 10.54 10.52 10.55 10.49 10.52 10.54 JUL7 10.45 10.40 10.45 10.39 10.44 10.45 OCT7 10.44 10.39 10.44 10.39 10.44 10.44 MAR8 10.45 10.41 10.48 10.41 10.45 10.45 MAY8 10.44 10.39 10.44 10.43 10.44 10.44 JUL8 10.35 10.41 10.41 OCT8 10.20 CSCE world sugar ends higher, but fails resistance NEW YORK, Nov 7 (Reuter) - CSCE world sugar futures ended with modest gains Thursday in what dealers said was a continued correction from recent lows, but the market was unable to punch through major chart resistance. New York raws put in a solid performance for the second straight day, traders said, after rebounding from a mid-week test of six-month lows. "The market is consolidating after getting overdone to the downside," said one broker. "We had a technical rally, but it ran into selling on a scale-up basis from the trade, and that limited the upside." Benchmark March futures rose 0.08 cent per lb on the day, to 10.48 cents, posting trades from 10.39 to 10.51. The market fell just shy of a nearby chart objective at 10.52, with buy stops seen well-placed above that level. Second-position May climbed 0.06 cent, to 10.54, as its premium to the spot contract narrowed to a mere six points. The day's volume was fairly light, at an estiamted 11,423 lots. Whether or not the market managed to clear resistance at 10.52, traders said bearish fundamentals would continue to weigh on the market's long-term potential. "Everyone realizes that we're looking at a big surplus in the world sugar market next year, so there is really no reason for it to move up except for a technical retracement," a trader noted. informacije: Zoran Popijač telefon: 01/273-927 fax: 01/4550-148 081055 MET nov 96