CIJENE KAVE NA BURZI U NEW YORKU

CIJENE KAVE U NEW YORK-U SAD - KAVA trgovačke spot cijene 12. kolovoza 1997. Differentials /spot/ ZADNJA Santos 4's 14 cts under "C" 174.20 N Colombian MAMs 28 cts over "C" 216.20 N El Salvador 11 cts over "C" 199.20 N Mexican 5 ct over "C" 193.20 N Guatemala 11 cts over "C" 199.20 N Peru 13 cts over "C" 201.20 N Uganda Pmy Robs 8 cts over London 76.95 N Indonesia EK1 4 cts under London 64.95 N Ecuador Ext Sup 18 cts under "C" 170.20 N NEW YORK - KAVA cijene pri zatvaranju burze 12. kolovoza 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE SEP7 187.00 200.00 204.00 185.50 187.00 188.20 1 DEC7 167.50 175.00 187.75 165.00 167.50 168.50 1 MAR8 149.50 155.00 156.50 149.00 149.50 149.95 1 MAY8 144.75 149.50 149.50 144.50 144.00 144.40 1 JUL8 139.50 143.75 145.00 139.50 138.50 139.40 1 SEP8 134.75 137.50 137.50 134.75 134.50 134.40 1 DEC8 133.00 133.00 130.90 1 MAR9 CSCE coffee ends lower, September drops near 6 pct NEW YORK, Aug 12 (Reuter) - CSCE coffee futures ended sharply lower on Tuesday, led by a nearly six percent decline in the spot September contract amid easing concerns about nearby supply tightness, dealers said. September arabicas tumbled 11.15 cents per lb, to 188.20 cents, after ranging between 204.00 and 185.50 cents. Second-month December fell 6.25 cents, to 168.50 cents, while the back months closed 2.85 to 4.80 cents lower. "There's been ongoing talk about supplies coming in for certification," said Merrill Lynch analyst Judith Ganes. "There's also talk GCA stocks could be up and stocks should be coming down in July, not going up." Heavy speculative and trade selling of the nearby September/December switch -- a barometer of near-term availability -- kept the market under pressure for much of the day, traders said. "The spread looked terrible," said one trader. "It was a big dumping ground." The September/December switch pulled in to 19.70 cents compared with 24.60 cents at the close on Monday. December/March 1998 narrowed to 20.00 cents versus 22.10 cents the previous session. The September/December switch had recently stretched to more than 30 cents, fueling speculation that European trade houses might be tempted to bring coffee to the U.S. for exchange certification. "Prices are so inverted it is drawing coffee to the market," said Smith Barney analyst Walt Spilka. "But keep in mind that much of the coffee graded is from Burundi, Peru or India and is not the highest quality." Many industry sources expect the Green Coffee Association of New York's monthly stock report to show an build in green coffee stowed in U.S. warehouses during July. Most early estimates look for an increase over June levels of 50,000 to 100,000 60-kg bags. Last month, GCA reported U.S. coffee stocks rose by 139,000 bags in June, to 2,116,000 bags. In July of 1996, stokpiles decreased by 252,000 bags, to 1,909,000 bags. Technically, some traders said today's weak performance could prompt further selling on Wednesday. On the charts, traders said September faced support at 182.50 cents, followed by 180.00 cents. On the upside, nearby resistance was seen around 190.00 cents. After Tuesday's close, the CSCE reported certified coffee stocks fell by 227 60-kg bags as of August 11, to 93,565 bags. There were an additional 1,803 bags of coffee pending grading, the exchange said. Volume on the day reached an estimated 8,540 lots. 131027 MET aug 97