CIJENE ŠEĆERA NA BURZI U NEW YORK-U
NEW YORK - Šećer br. 18 službena količina 16. siječnja 1997.
Mar97 7275
May97 2593
Jul97 1425
Oct95 446
Mar98 708
May98 37
Jul98 0
Ukupna službena količina 12484
NEW YORK - Šećer br.11 cijene pri zatvaranju burze 17. siječnja
1997.
POSLJ OTVA NAJ NAJ ZATVA NAGO
EDNJA RANJE VIŠA NIŽA RANJE DBA
MAR7 10.54 10.52 10.64 10.50 10.50 10.52
MAY7 10.63 10.62 10.69 10.60 10.60 10.61
JUL7 10.56 10.58 10.65 10.55 10.55 10.56
OCT7 10.60 10.61 10.67 10.59 10.60 10.60
MAR8 10.53 10.55 10.60 10.52 10.54 10.55
MAY8 10.58 10.58 10.58 10.58 10.56 10.58
JUL8 10.59 10.58 10.58
OCT8 10.59
CSCE world sugar ends slightly lower, volumes low
NEW YORK, Jan 17 (Reuter) - CSCE world sugar prices ended
marginally lower Friday, on low volumes, as the market continued
to consolidate after a slide last week.
"There's been buying interest in the physical market this
week
from countries like Iran, Iraq, Syria, Libya and Indonesia, but
there's just plenty of sugar to meet the demand, with Thailand,
Cuba and Europe all shipping," Smith Barney analysts Walter
Spilka
said.
"In addition, there's more pressure on the Indian government
to reduce its stockpiles which are the largest in the world."
CSCE March sugar ended down 0.05 cent a pound at 10.52 cents,
after trading a 10.64-10.50 range, with total volumes estimated
at
8,384 lots near the close.
On the charts, March sugar's five-day (weekly) simple-moving
average crossed back below both the 21-day (monthly) and the
55-day (quarterly) moving average this week, adding a technically
bearish tone, analysts said.
But the March/May spread ended little changed at 0.09 cent.
In London March white sugar also ended slightly weaker.
"In the first half of 1997, much of the focus in the sugar
market will be on the large Asian producers (India, China and
Thailand)," Spilka said.
"India has had three very large crops in a row and this has
resulted in a huge build up in stocks which at the end of the
96/97 season could top 10 million tonnes," he said.
"World production has risen more than demand also, leaving
stocks higher in each of the past three years."
"This in itself should keep sugar prices from rising much
above current levels."
informacije: Zoran Popijač telefon: 01/273-927 fax: 01/4550-148
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