CIJENE ŠEĆERA NA BURZI U NEW YORKU

CIJENE ŠEĆERA NA BURZI U NEW YORK-U NEW YORK - Šećer br.11 cijene pri zatvaranju burze 21. listopada 1997. POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBA MAR8 11.74 11.81 11.82 11.73 11.73 11.74 MAY8 11.75 11.82 11.84 11.75 11.75 11.75 JUL8 11.66 11.74 11.76 11.65 11.65 11.65 OCT8 11.61 11.69 11.71 11.60 11.60 11.61 MAR9 11.53 11.62 11.61 11.53 11.52 11.52 MAY9 11.53 11.60 11.56 11.53 11.49 11.49 JUL9 11.52 11.56 11.54 11.52 11.46 11.46 OCT9 CSCE world sugar ends lower in uneventful session NEW YORK, Oct 21 (Reuters) - CSCE world sugar prices posted moderate losses in dull trading Tuesday, with the benchmark March position falling 0.11 cent a lb. Traders said disappointment over the market's failure to follow through on Friday's speculator-led rally triggered some initial selling this morning. A round of price-fixing by producers also contributed to the early downturn, they said. "Producers took advantage of prices above 11.80 cents to sell," said one dealer, adding that trade buying toward 11.75 cents helped to stem the losses. March ended the day at 11.74 cents, down 0.11 from Monday's close. The contract traded from 11.73 to 11.82, failing to puncture the previous day's trading range of 11.63-11.85. Second-position May also eased 0.11 cent, leaving the spot contango at 0.01 cent. The market displayed little reaction to a smaller forecast for Thailand's 1997/98 cane sugar production. Thailand's Cane and Sugar Board lowered its projection for cane output for 1997/98 to 44.56 million tonnes, against 48.40 million tonnes forecast last month. The Cane and Sugar Board also said dryness caused by the El Nino weather pattern could hit sugar cane output in 1998/99. Traders said concerns that El Nino could harm the Thai crop, a key factor behind the market's rise to one-year highs two months ago, had already been priced into the market. Technically, good support for the market was noted at 11.72 cents, followed by Friday's low of 11.63. To the upside, March would need to challenge the 11.87 mark to generate more substantial buying interest, chartists said. 221116 MET oct 97