CIJENE ŠEĆERA NA BURZI U NEW YORK-U
NEW YORK - Šećer br.11 cijene pri zatvaranju burze 14. studenoga
1997.
POSLJ OTVA NAJ NAJ ZATVA NAGO
EDNJA RANJE VIŠA NIŽA RANJE DBA
MAR8 12.33 12.34 12.39 12.32 12.32 12.34
MAY8 12.29 12.29 12.31 12.28 12.29 12.29
JUL8 12.03 12.04 12.06 12.03 12.00 12.01
OCT8 11.85 11.89 11.90 11.85 11.85 11.86
MAR9 11.69 11.69 11.70 11.69 11.66 11.67
MAY9 11.68 11.63 11.68 11.66 11.65 11.61
JUL9 11.63 11.62 11.63 11.62 11.58 11.58
OCT9 11.41 11.41 11.41
CSCE world sugar retreats to end near unchanged
NEW YORK, Nov 14 (Reuters) - CSCE world sugar ended near
unchanged Friday after a round of speculative profit taking
erased early gains just before the closing bell.
Prices drifted in a narrow range throughout the session,
with activity once again centered on the nearby switch.
"After the initial highs and lows were made the market just
settled into a range and didn't make any effort to move out of
it," a trader said.
Trade-house buying of the nearby switch helped to drive the
market higher at the opening, and commission-house buying into
the rally offered further support.
But the market was unable to gather enough steam to
challenge its recent contract highs, as a mixture of trade and
speculative selling once again capped the uptrend.
March futures ended flat at 12.34 cents, having traded from
12.32 to 12.39 cents. Second-position rose 0.01 to 12.29 cents,
while the deferreds finished 0.02 to 0.03 cent lower.
Technically, raw sugar's continued failure to eclipse
contract highs set a few weeks ago could gradually undermine
confindence in the market, dealers said.
With the expiry of the nearby March contract still months
away, commodity funds were under little immediate pressure to
relinquish their large long position, and trade-house buying was
expected to provide a cushion on the dips.
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