CIJENE OBOJENIH METALA NA BURZI U LONDONU

LONDONSKA BURZA METALA: SLUŽBENE CIJENE 11.02.1997. LME OFFICIAL PRICES - FEB 11 CASH 3 MTHS 15 MTHS 27 MTHS SETT COPPER 2395.0/96.0 2235.0/37.0 2035.0/45.0 1980.0/90.0 2396 (STG EQV) 1460.71 1366.16 TIN 5880/5885 5950/5955 6065/6075 5885 LEAD 649.00/0.00 659.00/9.50 640.00/5.00 650 (STG EQV) 396.27 402.76 ZINC 1153.0/54.0 1174.0/75.0 1177.0/82.0 1165.0/70.0 1154 ALU.HG 1541.0/42.0 1574.0/74.5 1603.0/08.0 1603.0/08.0 1542 NICKEL 7685/7690 7775/7780 7965/7985 8110/8130 7690 ALALLOY 1460.0/65.0 1490.0/92.0 1540.0/60.0 1465 SETTLEMENT RATES - GBP 1.6403 DEM 1.6722 JPY 122.9 Copper dull, aluminium probes lower on quiet LME LONDON, Feb 11 (Reuter) - Copper failed to take heart from a smaller than expected stock rise on Tuesday, as trading was stuck in a tight range with easier spreads helping cap any significant upside moves. Three months copper ended the morning kerb at $2,235 per tonne, off an early high of $2,245 and just $4 up from Monday's afternoon kerb close on the London Metal Exchange (LME). Support at the bottom end of the recent $2,220-$2,280 range was expected to hold in the near term, although a breach of that level would target $2,200. Cash to threes backwardation was easier at around $155, compared to $180 on Monday and $200 on Friday, suggesting that nearby tight dates were being allowed to drop off rather than being rolled forward. On the nearby spreads, cash for a day traded at $22.50, near the LME limit. LME stocks, which came in at up 2,650 tonnes compared to expectations of a 5,000-10,000 rise, offered an early but shortlived boost to the market. The biggest movement was a 1,100-tonne withdrawal from Liverpool, while elsewhere traders noted that material continued to flow into U.S. warehouses, most notably 825 tonnes into Long Beach and 500 tonnes into St. Louis. Volumes were light across the board due to holidays in China and Japan and the Copper Club activities in New York. Aluminium continued to drift lower, extending Monday's decline which took prices below the $1,600 support level. It ended the kerb at $1,575, down $10 and traders said it was aiming to fill a $1,575-$1,560 gap on the charts. "There isn't any great physical demand now, but $20 lower there should be," a trader said. A smaller than expected LME stocks decline of 3,925 tonnes failed to boost prices. However, analysts noted that Monday's report on the rise in December IPAI stocks -- the first since January 1996 -- may not hail a trend and should not dampen generally bullish longer-term expectations for the metal. December is traditionally quiet and historically has seen IPAI inventory rises, analysts said. "In fact, we have to look back to December 1986 for the last time IPAI producer stocks fell in the December month," Flemings Global Mining Group noted in a report. December's increase also coincided with a fall in LME stocks and growth in forward orders and the price of aluminium, analysts said. Nickel ended the kerb slightly lower at $7,820, down $15. It had popped up on trade buying on Monday after producer selling and profit took it lower. Zinc was up $5 at $1,180, while tin was $25 higher at $5,945 and eyeing the $6,000 area. Lead edged up $3 to $660. Traders said a breach of $650 would target the $630/35 support level. Alloy was indicated unchanged at $1,495/00. FRANCUSKI METALI - 11. veljače 1997. BAKAR FFR/100 KG 1416 KOSITAR FFR/100 KG 3841 CINK EL. FFR/100 KG 743 ALUMINIJ FFR/100 KG 1130(01/02) SREB. C3E FFR/KG 851/1002 PLATINA FFR/KG 53700/84200 PALADIJ FFR/KG 21500/29900 IRIDIJ FFR/KG 28500/51000 KOBALT FFR/100 KG 35046 ŽIVA FFR/100 KG 5200 NJEMAČKI METALI - 11. veljače 1997. - u DEM po 100 kg GERMAN ELEKTROLITIK 405.56/416.94 OLOVO U KABELIMA 99.94% 123.75/124.75 111524 MET feb 97