CIJNE KAVE NA BURZI U NEW YORK-
SAD - KAVA Trgovačke spot cijene 21. studenoga 1996.
Differentials ZADNJA
Santos 4's 2 cts under "C" 115.25 N
Colombian MAMs 25 cts over "C" 142.25 N
El Salvador 8 cts over "C" 123.25 N
Mexican 5 cts over "C" 122.25 N
Guatemala 8 cts over "C" 123.25 N
Peru 6 cts over "C" 123.25 N
Uganda Pmy Robs 4 cts over London 74.99 N
Indonesia EK1 2 cts under London 68.99 N
Ecuador Ext Sup 8 cts under "C" 109.25 N
NEW YORK - KAVA cijene pri zatvaranju burze 21. studenoga 1996.
MJE POSLJ OTVA NAJ NAJ ZATVA NAGO
SEC EDNJA RANJE VIŠA NIŽA RANJE DBE
DEC6 117.45 120.00 120.50 117.10 117.10 117.25 1
MAR7 108.75 112.30 112.50 108.60 108.65 108.85 1
MAY7 106.20 109.25 109.25 106.00 106.20 106.40 1
JUL7 105.00 107.50 106.50 105.00 105.00 105.15 1
SEP7 104.50 106.00 106.00 104.50 103.75 104.00 1
DEC7 104.10 104.00 104.50 104.10 102.00 102.50 1
MAR8 102.00 102.00 102.50 1
CSCE coffee ends down sharply as supply fears ease
NEW YORK, Nov 21 (Reuter) - CSCE coffee fell to its lowest
level in more than two weeks Thursday, as views a recent
supply crunch appeared to be coming to an end touched off
successive waves of speculative and producer selling, industry
sources said.
Although spot supplies remain tight, analysts said the
increased flow of coffee from key producing countries should
be able to meet roasters' needs heading into winter, North
America's peak consumption period.
"Every day that passes more and more coffee comes to the
market," said Smith Barney analyst Walter Spilka. "And there
is more coffee out there."
Supply concerns, underscored by a steady decline in
consumer coffee inventories, have helped the market trend
higher since late September. A late harvest in Central America
due to heavy rainfall, coupled with a truckers' strike last
month in Colombia, delayed shipments of the new 1996/97 crop to
consuming countries.
While analysts and traders were reluctant to declare that
the uptrend had ended, they said a test of the psychologically
key 100.00-cent ($1) a lb mark may not be far off.
"There is more room to the downside," said Spilka. "I
think prices can gravitate to the 100.00 level."
Benchmark March futures slid through key chart support at
112.00 cents early in the session, later falling through the
widely-watched 110-cent level for the first time in a week.
March ended down 4.25 cents a lb on the day, to 108.85,
after ranging from 112.50 to 108.60. Spot December futures
fell 3.50 cents a lb, to 117.25, while the remaining months
finished 3.05 to 3.55 lower.
The day's volume reached an estimated 9,201 lots.
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