CIJENE OBOJENIH METALA NA BURZI U LONDONU

LONDONSKA BURZA KOVINA: SLUŽBENE CIJENE 10.09.1996. LME OFFICIAL PRICES - SEP 10 CASH 3 MTHS 15 MTHS 27 MTHS SETT COPPER 1936.0/37.0 1924.0/25.0 1880.0/90.0 1900.0/10.0 1937 (STG EQV) 1245.1 1237.77 TIN 6175/6180 6228/6230 6295/6305 6180 LEAD 810.00/0.50 812.00/2.50 783.00/8.00 810.5 (STG EQV) 520.99 522.43 ZINC 996.0/97.0 1023.0/24.0 1095.0/00.0 1117.0/22.0 997 ALU.HG 1426.0/27.0 1463.0/64.0 1582.0/87.0 1645.0/50.0 1427 NICKEL 7480/7485 7585/7595 7865/7885 7985/8005 7485 ALALLOY 1230.0/33.0 1265.0/68.0 1400.0/20.0 1233 SETTLEMENT RATES - GBP 1.5557 DEM 1.5034 JPY 109.45 LME aluminium, copper slump to key support LONDON, Sept 10 (Reuter) - Aluminium prices slumped to their lowest for nearly two months and copper to the lowest for over a month on the London Metal Exchange (LME) on Tuesday as selling pressure gathered pace as the morning session progressed.. Three month aluminium prices finished the morning kerb session at the day's low so far of $1,456 a tonne, down $21 from Monday and $2 above key technical support at $1,454. A break below that level could prompt a sell-off to next historical support at $1,424 based on mid-1994 levels. A heavy flurry of selling from one quarter initiated the move towards the end of the first morning ring before others joined the fray. Some general buying did emerge around the lows but it was not enough to lift a market apparently swamped by near term bearish sentiment. Traders said there was no fresh fundamental factor behind the sell-off, although stocks continued to accumulate in LME warehouses. Aluminium stocks rose 4,700 tonnes on Tuesday and the total could exceed one million tonnes before long unless physical demand picked up quickly, traders said. But data from the International Primary Aluminium Institute (IPAI) was more bullish. The IPAI said July total producer stocks fell 33,000 tonnes from June to 3.342 million tonnes. Some analysts expected the total to rise, because producers tend to re-stock during the quieter demand period in July. Copper also came under increasing selling pressure during the kerb, hitting a low of $1,910 at one stage before recovering slightly to end the morning session at $1,916, still down $11. Stocks fell 2,525 tonnes and remained low in historic terms overall, but traders were nervous to the downside as much to the upside, they said. "It's still tough to call. We've had a spike and now we are at the bottom end of the range," said one dealer. Key support was pegged at $1,900/05, below which the market is vulnerable to a move back to $1,790/800, dealers said. The rest of the complex ended with limited losses except lead, which rose slightly. Nickel raced to a two-month high of $7,720 on the pre-market as buy stops above resistance at $7,660 were triggered. But the move quickly petered out and the market finished the morning at $7,600, down $15. Traders said the latest sharp gains in nickel were not based on bullish fundamentals so much as speculative and fund buying of options and futures. "The physical nickel markets are still slow," said one trader. "These moves have had more to do with speculative buying than anyhting else." In their latest weekly report, brokers Billiton Metals said total reported nickel stocks were currently "comfortable" at around 12 weeks' consumption. "Any improvement in the price environment is likly to be muted," the report concluded. Zinc fell with the general trend, losing $11 to $1,022, but lead, which is fundamentally tighter, gained $3 to $813. Tin was last quoted at $6,220/30 from $6,235 while alloy slipped to $1,260/65 from $1,280/85. FRANCUSKA BURZA KOVINA - 10. rujna 1996. BAKAR FFR/100 KG 1053 KOSITAR FFR/100 KG 3743 CINK EL. FFR/100 KG 572 ALUMINIJ FFR/100 KG 1065 SREB. C3E FFR/KG 798/931 PLATINA FFR/KG 55300/91000 PALADIJ FFR/KG 17900/26300 IRIDIJ FFR/KG 4000/25600 KOBALT FFR/100 KG 31950 ŽIVA FFR/100 KG 5200 NJEMAČKA BURZA KOVINA - 10. rujna 1996. - u DEM po 100 kg BAKAR ELEKTROLITIK 296.39/306.18 OLOVO U KABELIMA 99.94% 137.25/138.25 101635 MET sep 96