CIJENE KAVE U NEW YORK-U
SAD - KAVA trgovačke spot cijene 14. srpnja 1997.
Differentials /svibanj/ ZADNJA
Santos 4's 11 cts under "C" 151.00 N
Colombian MAMs 25 cts over "C" 187.00 N
El Salvador 11 cts over "C" 173.00 N
Mexican even to "C" 162.00 N
Guatemala 13 cts over "C" 175.00 N
Peru 18 cts over "C" 180.00 N
Uganda Pmy Robs 8 cts over London 86.70 N
Indonesia EK1 4 cts under London 74.70 N
Ecuador Ext Sup 18 cts under "C" 144.00 N
NEW YORK - KAVA cijene pri zatvaranju burze 14. srpnja 1997.
MJE POSLJ OTVA NAJ NAJ ZATVA NAGO
EDNJA RANJE VIŠA NIŽA RANJE DBE
JUL7 187.75 182.00 188.00 187.00 186.00 187.00 1
SEP7 161.75 161.00 166.00 161.00 161.75 162.00 1
DEC7 149.50 147.50 152.25 147.50 149.25 149.50 1
MAR8 141.00 140.00 143.50 140.00 141.00 141.00 1
MAY8 135.00 138.00 138.00 135.00 135.00 136.35 1
JUL8 135.00 134.30 134.35 1
SEP8 133.50 133.50 133.55 1
DEC8 130.00 131.50 131.75 1
CSCE coffee ends thinly traded session mostly down
NEW YORK, July 14 (Reuter) - CSCE coffee futures ended
mainly lower in thin trading on Monday, pressured by local and
light speculative selling, dealers said.
The benchmark September contract fell 2.10 cents a lb on
the day, to 162.00 cents, after ranging between 166.00 and
161.00 cents. Spot July, which expires in a week, rose 1.00
cent, to 187.00 cents, while the outer months closed down 0.25
to 2.65 cents.
The July/September switch widened to 25.00 cents compared
with 21.90 cents at the close on Friday, while the
September/December switch narrowed to 12.50 cents from 13.10
cents.
Traders said the recent build in exchange-certified coffee
stocks and mild weather in top-producer Brazil to continue to
dampen sentiment.
CSCE reported after Monday's close that certified coffee
inventories rose for the seventh day in a row, increasing by
1,644 60-kg bags as of July 11, to 72,245 bags. An additional
19,324 bags were pending grading, the exchange said.
CSCE also reported that out of 2,822 bags graded only 774
bags passed exchange approval.
Some dealers said the market is likely to continue to
trade quietly ahead of the Green Coffee Association of New
York's monthly stock report due on Tuesday at 1500 EDT.
They expected inventories to be little changed in June,
with most preliminary estimates coming in at plus or minus
100,000 bags.
In May, GCA reported stocks of green coffee in U.S.
warehouses rose by 122,000 bags, to 1,977,000 bags. Stocks in
June 1996 fell by 110,000 bags, to 2,161,000 bags.
One trader, however, predicted the GCA data could show an
increase of some 200,000-300,000 bags after the recent influx
of coffee put up for exchange approval.
"It is definitely not going to be down," he said. "Since
last month we've seen about 80,000 to 100,000 bags come in for
certification alone."
Technically, traders continued to peg September chart
support at 160.00 cents, followd by 158.00 and 155.00. On the
upside, they said September faced resistance at 168.00, with
the next level seen near 170.00.
Turnover was light, at an estimated 4,402 lots.
150942 MET jul 97
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