CIJNE KAVE NA BURZI U NEW YORK-
SAD - KAVA Trgovačke spot cijene 08. studenoga 1996.
Differentials ZADNJA
Santos 4's 4 cts under "C" 121.85 N
Colombian MAMs 24 cts over "C" 149.85 N
El Salvador 8 cts over "C" 133.85 N
Mexican 7 cts over "C" 132.85 N
Guatemala 8 cts over "C" 133.85 N
Peru 6 cts over "C" 131.85 N
Uganda Pmy Robs 4 cts over London 74.08 N
Indonesia EK1 2 cts under London 68.08 N
Ecuador Ext Sup 8 cts under "C" 117.85 N
NEW YORK - KAVA cijene pri zatvaranju burze 08. studenoga 1996.
MJE POSLJ OTVA NAJ NAJ ZATVA NAGO
SEC EDNJA RANJE VIŠA NIŽA RANJE DBE
NY COFFEE CLSG
MTH LAST OPEN HIGH LOW CLOSE SETTLE P
DEC6 126.00 126.55 127.10 124.80 125.70 125.85 1
MAR7 111.90 112.00 112.70 110.60 111.60 111.85 1
MAY7 108.00 108.00 108.75 107.00 107.75 107.95 1
JUL7 107.40 107.25 107.75 106.90 107.40 107.40 1
SEP7 105.50 106.00 105.50 105.50 106.35 106.40 1
DEC7 104.25 104.25 104.25 104.25 105.00 105.25 1
MAR8 102.00 104.00 104.25 1
CSCE nearby coffee ends weaker in a correction
NEW YORK, Nov 8 (Reuter) - CSCE coffee futures ended mixed
on Friday, with nearby contracts pulling back in a technical
correction after three consecutive sessions of gains, traders
said.
Commission house and speculative profit-taking following
the recent run-up accounted for the bulk of the day's losses,
traders said. But scale-down roaster buying prevented a
further downfall.
December delivery fell 1.50 cents a lb on the day, to
125.85, after ranging from 127.10 to 124.80. Most-active March
ended 0.50 lower, at 111.85, while the remaining months closed
up 1.00 to down 0.25.
The December/March switch narrowed to 14.00 cents, down
from 15.00 cents at the close on Thursday.
Allendale Commodities analyst Jim Cordier said without
fresh fundamental input the market is likely to consolidate
near current levels or trend a bit lower.
"Technically the market is beginning to look a little
overbought," Cordier said. "It was a nice run-up, but until
the bulls get fed more news to punch through recent highs, the
market will probably trade sideways to lower."
On the charts, near-term support in the December contract
was seen at 124.00, with a strong downside hurdle noted at
121.00-120.00. Resistance was seen at 128.50, then 130.00.
Despite today's downturn, the December contract rose 8.60
cents on the week, or more than seven percent, while active
March gained 5.40 cents or about five percent.
Traders await the CFTC Commitment of Traders report due
after the close Friday, which they expected to show an
increase in speculative long positions.
The day's volume was moderate, at an estimated 7,150 lots.
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