CIJENE KAVE NA BURZI U NEW YORKU

CIJENE KAVE U NEW YORK-U SAD - KAVA Trgovačke spot cijene 20. siječnja 1997. Differentials ZADNJA Santos 4's 2 cts under "C" 127.25 N Colombian MAMs 23 cts over "C" 152.25 N El Salvador 6 cts over "C" 135.25 N Mexican 3 cts under "C" 126.25 N Guatemala 6 cts over "C" 135.25 N Peru 4 cts over "C" 133.25 N Uganda Pmy Robs 6 cts over London 69.96 N Indonesia EK1 4 cts under London 59.96 N Ecuador Ext Sup 8 cts under "C" 121.25 N NEW YORK - KAVA cijene pri zatvaranju burze 20. siječnja 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO SEC EDNJA RANJE VIŠA NIŽA RANJE DBE MAR7 129.25 124.50 129.50 123.35 128.80 129.25 1 MAY7 125.70 121.00 126.50 120.00 125.70 125.95 1 JUL7 123.00 118.25 123.00 118.05 123.00 123.00 1 SEP7 119.90 115.75 119.90 114.75 119.75 119.90 1 DEC7 116.00 112.00 116.00 111.50 115.85 116.00 1 MAR8 109.75 109.75 109.75 109.30 112.00 112.15 1 MAY8 107.50 110.00 110.15 1 JUL8 CSCE coffee ends up sharply, Mar reaches new high NEW YORK, Jan 20 (Reuter) - CSCE coffee futures shot-up on Monday, as constructive technical indicators, an ongoing dock workers' strike in Colombia and the prospect of a smaller Brazilian crop spurred heavy commodity fund buying, traders said. "This was the quarter supplies were supposed to come in and alleviate the tightness," said Merrill Lynch analyst Judith Ganes. "With the Colombian situation and the Brazilian estimates it does not look like that is happening." CSCE March delivery ran up to a new life-of-contract high of 129.50 cents a lb before settling at 129.25 cents a lb, up 5.25 cents on the day. On the continuous weekly chart, March's finish was its highest in more than a month. Second-position May ended up 5.50 cents, to 125.95 cents, after reaching a fresh contract high of 126.50 cents. The outer months rose 3.75 to 5.10 cents. Prices headed higher at the outset, as news Colombian dock workers continued their strike at the Pacific coast port of Buenaventura underpinned the market. But traders said prices racked up heavier gains after the March contract breached key resistance at 125.00 cents, activating a series of buy-stops above that level. "The port strike in Colombia offered steady support early," said Dean Witter analyst Steve Platt. "Taking out stops over 125.00 brought in fund buying." The work stoppage, which entered its sixth day Monday, has blocked shipment of about 160,000 60-kg bags of coffee destined for export, according to the National Coffee Growers' Federation. About 60 percent Colombian coffee exports are shipped out through Buenaventura. Additionally, cross-country movements in Colombia were threatened by truck drivers who said they would launch a new strike in February for higher freight rates. Truckers asked transport companies and the ministry to honor an agreement reached at the end of an 11-day work stoppage in October. Colombia is the second largest producer of coffee after Brazil. In Brazil, the head of the primary commodities department at the Industry and Commerce Ministry said Brazil's 1997/98 coffee crop may come in between 18 million and 20 million 60-kg bags compared with government estimates of 25 million bags the previous season. Many traders said that while a smaller 1997/98 Brazilian harvest was viewed as bullish, it has generally been priced into the futures market. Earlier this month an Industry and Commerce Ministry official told Reuters that the government was working with a figure of between 18.5 million and 19.5 million bags for the 1997/98 crop. Later this week, traders will be looking toward Brazil, where an emergency meeting of ACPC members will be held on January 23. The council was called after African nations, backed by Colombia, expressed the need for exports between January and June this year to be cut further. Volume was brisk, at an estimated 13,940 lots. 211057 MET jan 97