CIJENE OBOJENIH METALA NA BURZI U LONDONU

LONDONSKA BURZA KOVINA: SLUŽBENE CIJENE 07.04.1997. LME OFFICIAL PRICES - APR 07 CASH 3 MTHS 15 MTHS 27 MTHS SETT COPPER 2320.0/25.0 2275.0/76.0 2075.0/85.0 2030.0/40.0 2325 (STG EQV) 1429.54 1401.41 TIN 5620/5630 5670/5675 5700/5710 5630 LEAD 638.00/0.00 639.00/9.50 637.00/2.00 640 (STG EQV) 393.51 393.76 ZINC 1213.0/13.5 1239.0/39.5 1193.0/98.0 1147.0/52.0 1213.5 ALU.HG 1549.0/49.5 1584.5/85.0 1615.0/20.0 1598.0/03.0 1549.5 NICKEL 7190/7200 7300/7305 7525/7545 7670/7690 7200 ALALLOY 1460.0/61.0 1494.0/95.0 1550.0/70.0 1461 SETTLEMENT RATES - GBP 1.6264 DEM 1.7036 JPY 125.36 LME base metals take a tumble by hectic midday LONDON, April 7 (Reuter) - Base metal prices sustained heavy losses on Monday after a fresh bout of fund selling swept away nearby support levels in copper, aluminium and the others, traders said. Copper slid below the key $2,300 level early in the day and kept up a brisk downhill pace throughout the midday session. Three-months metal finished the kerb $64 weaker at $2,272 per tonne, the lowest level since mid-February. Cash to threes backwardation also narrowed to $33/$38, compared to $40/$45 at the start of the day. But it likely that aluminium started the trend in the premarket after tumbling on the Tokyo Commodities Exchange on its first day of trading. "It's been the funds selling again in copper, aluminium, zinc and the other metals," a trader said. "But aluminium's move in Tokyo may have set that ball rolling." Aluminium raced to a low of $1,576 per tonne, where it finished the kerb down $48. The metal was vulnerable to further losses, traders said, particularly as it breached a 100-day moving average at $1,588. Both copper and aluminium ended the kerb having filled chart gaps dating from February 18-19. Copper's gap was at $2,288-$2,313, while aluminium's was $1,584-$1,596. "Frankly all the metals now look terrible on the charts and when the technicals and fundamentals diverge, you still have to wait out the technical move," a trader said. Most traders dismissed as largely irrelevant the results of the first daily reporting of LME stocks in the fund selling. Aluminium stocks were down 3,225 tonnes, while copper inventories declined by 875 tonnes from Friday. Zinc stocks caught the market's eye, however, as they showed an increase of 5,000 tonnes. LME figures showed 6,000 tonnes of zinc moving into Singapore and 1,000 out of Europe. "People have been waiting for Chinese metal to move into Singapore for a long time, and this appears to have fulfilled that expectation," a trader said. "That didn't help stop the selling, but it probably didn't start it either," he added. Zinc prices were caught in the fund onslaught, ending $31 lower at $1,236, near the day's low. Tin hit a near two-year low after it dropped dramatically by $200 from Friday's kerb close. Its finish of $5,620 was the lowest level since May 1995. Nickel, meanwhile, was $210 weaker at $7,260, the lowest since January 30. Like copper and aluminium it filled a chart gap from that date at $7,300-$7,330, and the next key chart point at $7,110. Lead also ended $28 lower at $641, while alloy was last at $1,490, down $25. FRANCUSKA BURZA - 04. travnja 1997. BAKAR FFR/100 KG 1419 KOSITAR FFR/100 KG 3894 CINK EL. FFR/100 KG 804 ALUMINIJ FFR/100 KG 1200 SREB. C3E FFR/KG 817/962 PLATINA FFR/KG 59600/90100 PALADIJ FFR/KG 24700/33100 IRIDIJ FFR/KG 25500/48000 KOBALT FFR/100 KG 35751 ŽIVA FFR/100 KG 5200 NJEMAČKA BURZA - 07. travnja 1997. - u DEM po 100 kg GERMAN ELEKTROLITIK 401.11/412.71 OLOVO U KABELIMA 99.94% 124.00/125.00 071620 MET apr 97