CIJENE ŠEĆERA NA BURZI U NEW YORK-U
NEW YORK - Šećer br.11 cijene pri zatvaranju burze 23. listopada
1997.
POSLJ OTVA NAJ NAJ ZATVA NAGO
EDNJA RANJE VIŠA NIŽA RANJE DBA
MAR8 11.73 11.76 11.85 11.73 11.73 11.73
MAY8 11.74 11.76 11.84 11.74 11.74 11.74
JUL8 11.66 11.63 11.72 11.63 11.66 11.66
OCT8 11.57 11.55 11.63 11.55 11.55 11.56
MAR9 11.46 11.47 11.52 11.45 11.46 11.47
MAY9 11.43 11.44 11.44 11.43 11.43 11.43
JUL9 11.43 11.45 11.45 11.43 11.43 11.43
OCT9
CSCE world sugar ends near unchanged, off highs
NEW YORK, Oct 23 (Reuters) - CSCE world sugar prices ended
near unchanged and toward the bottom of the day's range.
A fund-led buying spree drove prices to the day's highs
early in the session, dealers said, but the rally was unable to
gather much steam. Producer-linked selling provided strong
resistance, as the market gradually retraced toward the
unchanged mark.
Bellwether March futures finished flat at 11.73 cents a lb,
the bottom of their 0.12-cent trading band. Second-position May
eased 0.01 cent to 11.74 cents while the rest of the board
settled down 0.02 to up 0.04 cent.
Volume remained exceedingly light, with the bulk of the
day's 14,917 lot turnover posted during the first hour of
trading.
In other news, London-based trade house E D & F Man forecast
a small world sugar deficit of 283,000 tonnes for the 1997/98
crop year, due largely to crop losses caused by the El Nino
weather pattern.
The deficit projection compares with a 2.33 million tonne
surplus seen in 1996/97, Man said.
241126 MET oct 97
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