CIJENE KAVE NA BURZI U NEW YORKU

CIJENE KAVE U NEW YORK-U SAD - KAVA trgovačke spot cijene 14. veljače 1997. Differentials ZADNJA Santos 4's 4 cts under "C" 173.85 N Colombian MAMs 28 cts over "C" 205.85 N El Salvador 7 cts over "C" 184.85 N Mexican 1 cts over "C" 178.85 N Guatemala 10 cts over "C" 187.85 N Peru 4 cts over "C" 181.85 N Uganda Pmy Robs 8 cts over London 83.30 N Indonesia EK1 4 cts under London 71.30 N Ecuador Ext Sup 10 cts under "C" 167.85 N NEW YORK - KAVA cijene pri zatvaranju burze 14. veljače 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO SEC EDNJA RANJE VIŠA NIŽA RANJE DBE MAR7 177.70 180.00 182.50 176.25 177.50 177.85 1 MAY7 166.50 167.25 172.25 166.50 166.50 167.00 1 JUL7 160.50 161.00 163.85 160.00 160.50 160.90 1 SEP7 155.00 154.50 157.00 152.50 152.50 153.20 1 DEC7 144.00 147.50 149.75 144.00 144.00 144.80 1 MAR8 138.50 140.00 142.00 138.50 138.50 139.65 1 MAY8 136.00 136.00 136.00 136.00 134.00 134.05 1 JUL8 131.00 130.00 130.50 1 CSCE coffee retreats after recent run-up NEW YORK, Feb 14 (Reuter) - CSCE coffee futures pulled back Friday after surging for six straight sessions as speculators moved to take profits ahead of the long holiday weekend, traders said. In what traders said was mainly a technical retracement, prices settled lower in volatile trade after an early surge to new contract highs ran out of steam. "It was extremely overbought going into this session," said Smith Barney analyst Walt Spilka. "I think it could probably go down further next week." CSCE March coffee settled down 2.20 cents at 177.85 cents a pound after ranging from a fresh life-of-contract high of 182.50 to 176.25. Second-month May ended 2.00 cents lower at 167.00 cents, while the outer months finished down 1.40 to 2.95 cents. Turnover reached an estimated 16,145 lots today, down from Thursday's official tally of 17,602 lots. Dealers said some degree of retracement was inevitable after March delivery's run-up to 21-month highs Thursday. Since last Friday, the spot contract has shot up nearly 18 percent amid growing concern the market was facing a supply shortfall. March/May switch, a barometer of near-term availability, narrowed slightly to 10.85 cents compared with 11.05 cents at the close Wednesday. But traders said it is likely to hold steady or widen amid low exchange stockpiles. They noted that with less than a week to go before March enters its delivery period, March open interest was a high 12,330 lots. Meanwhile, stocks certified for delivery against the CSCE stood at 20,795 60-kg bags, the equivalent of less than 80 lots. However, after the close of business Friday the CSCE reported there were 5,000 bags of coffee pending grading in New Orleans. Despite today's downturn, traders said sentiment remained bullish. Although a strike by state workers in Colombia should have little direct effect on the country's coffee trade, it continued to underpin futures. After 17 hours on Thursday, bargaining between union leaders and government ministers ended in a deadlock. No date was set for a resumption of negotiations and the strike threatened to drag on indefinitely. Traders awaited CFTC's Commitments of Traders Report due late Friday. They expected it to show an increase in speculative (non-commercial and nonreportable) long positions. They also are looking forward to the monthly Green Coffee Association of New York stocks data due next Tuesday, with most operators expecting to see a build up in January due to strong shipments from Brazil during December and a steady flow of Mexican beans into Laredo, Texas. Additionally, a meeting next week of Central American members of the Association of Coffee Producing Countries (ACPC) in Honduras bears watching traders said. Officials were expected to analyse the current market situation as well as the ACPC's decision in Rio de Janeiro last month to cut member exports. CSCE will be closed Monday in observance of Presidents Day. 171535 MET feb 97