CIJENE KAVE U NEW YORK-U
SAD - KAVA trgovačke spot cijene 18. kolovoza 1997.
Differentials /spot/ ZADNJA
Santos 4's 14 cts under "C" 166.20 N
Colombian MAMs 22 cts over "C" 202.20 N
El Salvador 11 cts over "C" 191.20 N
Mexican 5 ct over "C" 185.20 N
Guatemala 11 cts over "C" 191.20 N
Peru 11 cts over "C" 191.20 N
Uganda Pmy Robs 8 cts over London 74.54 N
Indonesia EK1 4 cts under London 62.54 N
Ecuador Ext Sup 18 cts under "C" 162.20 N
NEW YORK - KAVA cijene pri zatvaranju burze 18. kolovoza 1997.
MJE POSLJ OTVA NAJ NAJ ZATVA NAGO
EDNJA RANJE VIŠA NIŽA RANJE DBE
SEP7 180.80 176.00 181.00 163.25 179.50 180.20 1
DEC7 163.50 158.50 164.00 158.50 162.50 162.95 1
MAR8 147.00 144.00 147.00 144.00 147.00 147.00 1
MAY8 141.00 139.00 141.00 139.00 141.50 141.50 1
JUL8 136.00 135.00 136.50 134.40 137.00 137.00 1
SEP8 132.25 132.00 133.00 132.00 132.50 132.50 1
DEC8 129.00 126.00 129.00 128.50 128.00 128.00 1
MAR9
CSCE coffee ends quiet session mainly higher
NEW YORK, Aug 18 (Reuter) - CSCE coffee futures ended mostly
higher in light dealings on Monday, as a late round of
speculative buying pushed prices toward session highs, traders
said.
Spot September arabicas rose 2.25 cents per lb on the day,
to 180.20 cents, after ranging from 181.00 to 175.00 cents.
Active December ended 1.10 cents higher, at 162.95 cents, while
the back months closed up 0.90 to down 0.60 cent.
September/December widened to 17.25 cents compared with
16.10 cents at the close on Friday. December/March 1998
stretched to 15.95 cents versus 15.75 cents the previous
session.
Coffee prices defied pre-opening expectations and headed
lower at the outset, pressured by commission house selling on
the heels of a slightly bearish stock report from the Green
Coffee Association of New York.
Supplies of green coffee stowed in U.S. warehouses rose in
July by 219,000 60-kg bags, to 2,335,000 bags, the GCA reported
after Friday's close. Industry expectations ranged from up
50,000 to 250,000 bags and traders said an increase was largely
priced in market last week.
"It was the old sell the rumor, buy the fact," said one
trader.
With September set to go into delivery period, traders said
market participants would focus this week on liquidating or
rolling positions ahead of the spot month's first notice day on
August 21. As of Friday, September open interest was still
relatively high at 5,372 lots.
After Monday's close, the CSCE reported exchange-certified
coffee stocks rose by 457 60-kg bags as of August 15, to 92,428
bags -- or the equivalent of about 370 lots. An additional 5,500
bags of coffee were pending grading, the exchange said.
Traders said low certified coffee stockpiles combined with
dwindling open interest and unimpressive volume would continue
to make the market vunerable to sharp price swings.
Total open interest as of August 15 stood at 20,058 lots,
down 566 lots from the previous session.
Volume on the day reached an estimated 5,150 lots.
190952 MET aug 97
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