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CIJENE ŠEĆERA NA BURZI U NEW YORKU

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CIJENE ŠEĆERA NA BURZI U NEW YORK-U NEW YORK - Šećer br. 18 službena količina 10. ožujka 1997. Mar97 0 May97 8538 Jul97 3031 Oct95 1611 Mar98 405 May98 63 Jul98 90 Oct98 2 Ukupna službena količina 13740 NEW YORK - Šećer br.11 cijene pri zatvaranju burze 11. ožujka 1997. POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBA MAY7 10.90 11.04 11.07 10.89 10.89 10.92 JUL7 10.65 10.75 10.78 10.64 10.64 10.65 OCT7 10.57 10.68 10.70 10.57 10.57 10.57 MAR8 10.56 10.66 10.69 10.56 10.56 10.56 MAY8 10.55 10.65 10.66 10.55 10.55 10.55 JUL8 10.55 10.63 10.65 10.55 10.55 10.55 OCT8 10.57 10.64 10.64 10.57 10.56 10.56 MAR9 CSCE world sugar futures end down, still in range NEW YORK, March 11 (Reuter) - CSCE world sugar futures settled weaker and near the day's lows, but prices failed to break out of their recent trading range, dealers said. A burst of commission house selling near the close pressured benchmark May to the day's low of 10.89 cents, well above support seen at 10.75 cents. "We have to get below 10.75 to see any kind of a real selloff," a dealer said. "There is no real desire or incentive to do anything one way or the other at these levels." A move above the recent high of 11.09 cents in May could spark some fresh speculative buying, but the producers are likely to provide resistance at each tick higher, floor sources said. May ended at 10.92 cents a lb, down 0.11 cent, while the back months finished 0.12 to 0.08 lower. The May/July spread grew to 0.27 cent from 0.26 on Monday's close. Volume was estimated at 14,030 lots compared with an official 13,740 lots on Monday. Longer-term resistance was seen at 11.20 cents and support at 10.50 cents in May. Floor sources reported dull activity for most of the session and cited the speculators as early buyers and late sellers. News that the U.S. Department of Agriculture pegged the 1996/97 stocks-to-use ratio at 14.0 percent had no impact on today's activity. The ratio is a key figure used to set the import quota. 121109 MET mar 97

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