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CIJENE ŠEĆERA NA BURZI U NEW YORKU

CIJENE ŠEĆERA NA BURZI U NEW YORK-U NEW YORK - Šećer br. 18 službena količina 18. studenoga 1996. Mar97 5652 May97 1028 Jul97 434 Oct95 270 Mar98 19 May98 0 Jul98 0 Ukupna službena količina 7403 NEW YORK - Šećer br.11 cijene pri zatvaranju burze 19. studenoga 1996. POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBA MAR7 10.65 10.50 10.71 10.50 10.64 10.69 MAY7 10.69 10.57 10.74 10.57 10.68 10.72 JUL7 10.63 10.49 10.65 10.49 10.63 10.64 OCT7 10.64 10.49 10.65 10.49 10.62 10.63 MAR8 10.62 10.51 10.65 10.55 10.62 10.62 MAY8 10.49 10.62 10.62 JUL8 10.59 10.59 OCT8 CSCE world sugar ends at highs, funds cover shorts NEW YORK, Nov 19 (Reuter) - CSCE world sugar closed a heavily-traded session near the day's highs, as the funds covered short positions in March, fueling the contract to a nearly one-month high, dealers said. The action carried the spot contract over several levels of resistance to end at to 10.69, up 0.23, traded 10.71 to 10.50. The back months finished 0.18 to 0.13 firmer. Volume was estimated at 36,536 lots. Traders said speculative buying on the open lifted March over firm resistance at 10.50 to 10.54, which set the day's tone. The funds and commission houses continued to press the market higher throughout the morning, while trade scale-up selling capped the rally at 10.70. Local profit taking and a dwindling number of buyers pressured March to 10.62, but the speculators again brought the contract up to 10.70. Immediately before the close, they pierced the day's highs and carried the contract to 10.71. Despite the close near the day's high, prices are not likely to climb much further, market sources said. "I'm not sure how much further the market can go because the run-up was strictly technical in nature," a trader said. He noted a gap between Monday's close of 10.48 and today's open at 10.50. "That suggests we may have to pull back to fill the gap and from there, make another attempt to the upside." informacije: Zoran Popijač telefon: 01/273-927 fax: 01/4550-148 201035 MET nov 96

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