LONDONSKA BURZA KOVINA: SLUŽBENE CIJENE 08.10.1996.
LME OFFICIAL PRICES - OCT 08
CASH 3 MTHS 15 MTHS 27 MTHS SETT
COPPER 1907.5/08.0 1903.0/04.0 1865.0/75.0 1885.0/95.0 1908
(STG EQV) 1221.98 1220.52
TIN 5990/6000 6050/6055 6160/6170 6000
LEAD 769.00/0.00 769.00/0.00 753.00/8.00 770
(STG EQV) 493.15 493.59
ZINC 998.0/99.0 1024.5/25.0 1093.0/98.0 1120.0/25.0 999
ALU.HG 1304.0/04.5 1339.0/39.5 1462.0/67.0 1542.0/47.0 1304.5
NICKEL 6935/6940 7040/7045 7355/7375 7475/7495 6940
ALALLOY 1183.0/88.0 1215.0/16.0 1335.0/55.0 1188
SETTLEMENT RATES - GBP 1.5614 DEM 1.526 JPY 111.12
LME metals edge higher, business slow
LONDON, Oct 8 (Reuters) - Base metal prices on the London
Metal Exchange (LME) finished the morning session on Tuedsay
with only modest gains despite a sizeable fall in copper stocks
lending support across the board, traders said.
Activity was slow, with many customers in London for the LME
Dinner functions this week.
Benchmark three months copper futures ended the morning
session at $1,907 a tonne, up $2 from Monday's afternoon kerb
close.
A fall in stocks of 8,625 tonnes helped lift the market back
above $1,900 early in the day, and from then on it was a low-key
battle between speculative selling and trade buying, traders
said.
"The stocks were supportive, but in line with expectations,"
said one floor trader. "No-one seems to want to chase this
market higher for the time being."
A flurry of cash selling towards the end of the official
ring knocked the market briefly, but buying, some of it
U.S.-based, re-emerged during the kerb.
Aluminium also nudged higher to $1,340 from $1,336, going
some way to unwinding very oversold conditions in the market.
There was light two-way business in a narrow range, with Far
Eastern trade bargain-hunting seen on the pre-market.
Stocks fell 2,450 which was also supportive after several
dealers had expected a rise in inventories late on Monday.
But as with copper, trade buying was light and not enough to
outgun the overwhelming bearish sentiment, negative charts and
ongoing stale long liquidation, traders said.
Nickel stocks rose 336 tonnes, but values managed to rise
$30 to $7,060 in quiet business. Support was pegged at $7,000,
below which pre-set sell orders were thought to be lurking.
Lead managed a modest $2 gain to $769. A stock fall of 625
tonnes had little market impact.
Tin gained $30 to $6,050 as stocks fell 200 tonnes to below
the 10,000 tonne total mark.
Three months zinc was untraded during the kerb, but last
business was done at an unchanged $1,025 level. Stocks fell 350
tonnes.
Alloy was last traded at $1,215 against $1,205 after stocks
fell 700 tonnes.
FRANCUSKA BURZA KOVINA - 08. listopada 1996.
BAKAR FFR/100 KG 1044
KOSITAR FFR/100 KG 3665
CINK EL. FFR/100 KG 572
ALUMINIJ FFR/100 KG 1065
SREB. C3E FFR/KG 771/900
PLATINA FFR/KG 54100/89800
PALADIJ FFR/KG 17200/25600
IRIDIJ FFR/KG 4100/25600
KOBALT FFR/100 KG 32502
ŽIVA FFR/100 KG 5200
NJEMAČKA BURZA KOVINA - 08. listopada 1996. - u DEM po 100 kg
BAKAR ELEKTROLITIK 296.38/306.32
OLOVO U KABELIMA 99.94% 132.75/133.75
081604 MET oct 96
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