CIJENE OBOJENIH METALA NA BURZI U LONDONU

LONDONSKA BURZA METALA: SLUŽBENE CIJENE 29.01.1997. LME OFFICIAL PRICES - JAN 29 CASH 3 MTHS 15 MTHS 27 MTHS SETT COPPER 2528.0/30.0 2234.0/35.0 2050.0/60.0 1990.0/00.0 2530 (STG EQV) 1561.05 1382.15 TIN 5765/5770 5825/5827 5935/5945 5770 LEAD 657.00/8.00 670.00/1.00 643.00/8.00 658 (STG EQV) 406 414.95 ZINC 1099.0/99.5 1123.0/24.0 1140.0/45.0 1140.0/45.0 1099.5 ALU.HG 1587.0/88.0 1614.0/15.0 1618.0/23.0 1618.0/23.0 1588 NICKEL 7059/7060 7151/7152 7405/7425 7595/7615 7060 ALALLOY 1509.0/10.0 1520.0/25.0 1555.0/75.0 1510 SETTLEMENT RATES - GBP 1.6207 DEM 1.64 JPY 121.91 LME copper price and spreads soften in late mornin LONDON, Jan 29 (Reuter) - An easing in tight nearby spreads in the copper market was the main feature in London Metal Exchange (LME) trading up to Wednesday's midsession close, a condition that saw three months delivery slump towards $2,200 support. Earlier on Wednesday the LME's Chief Executive David King made a statent regarding the ongoing tightnes in the copper market. King told Reuters that the LME was looking at the copper market, "particularly against the background of the backwardation structure in the nearby dates." The copper market continues to be gripped by a technical squeeze, which has seen the cash to three months backwardation flaring to $330/$340 on Tuesday. But during late Wednesday morning trading the spread eased below $300, a move that sparked speculative liquidation. Three months delivery at one stage dived to a low of $2,212 after expected support at $2,225/30 was swiftly pushed to one side in brisk sellg activity in the morning kerb. Traders said the market had been showing signs of a downside move against the backdrop of downtrending charts. They are now expecting prices to test $2,200 in later trading. Last three months business was at $2,213, down on Tuesday's LME kerb close of $2,244. Elsewhere, the other base metals chased lower with copper. As expected aluminium made its way to support at $1,600 under forward selling and speculative liquidation. Traders said consumer demand is likely to underpin aluminium, though it remained wary to a further tumble in the copper market. "If copper breaks below $2,200 aluminium will follow," one trader said. Last business was at $1,600, a $32 loss. Nickel under sell-stops in the wake of copper's decline slumped to $7,140, well down on $7,220. Lead shed $7 and was last at $668, while zinc moved to $1,118, versus $1,132. Tin was down $65 at $5,810. Alloy after breaking support at $1,500 quickly tumbled to $1,470, down on Tuesday's LME kerb close of $1,535/40. FRANCUSKI METALI - 28. siječnja 1997. BAKAR FFR/100 KG 1476 KOSITAR FFR/100 KG 3870 CINK EL. FFR/100 KG 704 ALUMINIJ FFR/100 KG 995 SREB. C3E FFR/KG 857/1009 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 - 28. siječnja 1997. - u DEM po 100 kg GERMAN ELEKTROLITIK 424.91/436.19 OLOVO U KABELIMA 99.94% 127.75/128.75 291546 MET jan 97