LONDONSKA BURZA METALA: SLUŽBENE CIJENE 27.01.1997.
LME OFFICIAL PRICES - JAN 27
CASH 3 MTHS 15 MTHS 27 MTHS SETT
COPPER 2572.0/74.0 2260.0/62.0 2045.0/55.0 1975.0/85.0 2574
(STG EQV) 1587.42 1397.39
TIN 5940/5945 5995/5996 6075/6085 5945
LEAD 693.00/4.00 702.00/3.00 668.00/3.00 694
(STG EQV) 428 434.29
ZINC 1123.0/23.5 1144.5/45.0 1155.0/60.0 1153.0/58.0 1123.5
ALU.HG 1619.0/20.0 1640.0/40.5 1622.0/27.0 1605.0/10.0 1620
NICKEL 7210/7220 7315/7320 7575/7595 7765/7785 7220
ALALLOY 1530.0/33.0 1535.0/40.0 1565.0/85.0 1533
SETTLEMENT RATES - GBP 1.6215 DEM 1.6377 JPY 119.1
LME copper spreads buoyant, traders cautious
LONDON, Jan 27 (Reuter) - LME copper prices pushed higher
within their recent range on Monday morning, getting help from
flaring spreads, but many traders were cautious about the future
outlook.
Cash for a day was bid up to a $20 backwardation as the first
of the tight dates, January 29, came into play. The LME has
imposed limit on that spread of one percent of cash, which on
Monday was about $26.
The backwardation of cash/three months widened slightly to
$305/$315, while cash/week was bid up to a $95 backwardation.
There was interest in Feb/threes at $85 backwardation with talk
circulating that this was due to a player covering February
options postions.
Three months activity was sluggish, with players wary about
the market's future direction.
The big question was whether shorts would cover or roll over
and thereby how much the spreads would lose steam as the tight
dates become prompt.
"I'm just standing back, it could go either way," one floor
trader said. Another believed positions would be rolled over and
the market remain tight unless the robust backwardations attract
too much metal into LME warehouses.
Three months ended the morning kerb $18 firmer at $2,261 per
tonne while cash finished at $2,573, a fresh high since the
November 28 peak of $2,580.
Aluminium three months probed above key $1,640 resistance on
trade buying but speculative selling took the froth off the
market, finishing the morning at $1,638, up $2.
Spreads were also active on aluminium, with the cash/threes
backwardation holding its narrower stance at $17/$20 while
March/June was at a $1/$4 backwardation. April 9/day was at a $3
backwardation.
The other metals remained in the background, gravitating
within narrow ranges.
Zinc stayed in a $6 price band with the floor at $1,140,
ending the day $3 stronger at $1,142.
Lead added $1 to $700 and nickel finished the kerb unchanged
at $7,300.
Tin was slightly weaker at $5,990/$6,000 versus $6,020 while
alloy ended $3 firmer at $1,535/38.
FRANCUSKI METALI - 27. siječnja 1997.
BAKAR FFR/100 KG 1484
KOSITAR FFR/100 KG 3875
CINK EL. FFR/100 KG 704
ALUMINIJ FFR/100 KG 995
SREB. C3E FFR/KG 833/891
PLATINA FFR/KG 52200/87900
PALADIJ FFR/KG 17600/26000
IRIDIJ FFR/KG 12900/35400
KOBALT FFR/100 KG 33565
ŽIVA FFR/100 KG 5200
NJEMAČKI METALI - 27. siječnja 1997. - u DEM po 100 kg
GERMAN ELEKTROLITIK 427.08/438.25
OLOVO U KABELIMA 99.94% 129.00/130.00
271629 MET jan 97
Sigurdsson: Ostajem izbornik, moramo uživati u srebru
Rubio izvršio pritisak na Panamu zbog kineskog utjecaja na Panamski kanal
Državni vrh čestistao hrvatskim rukometašima
Šah: Pobjednik Praggnanandhaa
Jacobsen: Igrali smo fantastičan rukomet od prvog do posljednjeg dana
Panamski predsjednik isključio raspravu o pitanju Panamskog kanala
Frigan golom u 89. donio pobjedu Westerlou
AEK s 2-1 kao gost pobijedio PAOK
Duvnjak: Bila je privilegija, čast i odgovornost nositi ovaj dres
Izraelska vojska sravnila 20 zgrada u izbjegličkom kampu na Zapadnoj obali