CIJENE ŠEĆERA NA BURZI U NEW YORKU

CIJENE ŠEĆERA NA BURZI U NEW YORK-U NEW YORK - Šećer br. 18 službena količina 09. listopada 1996. Mar97 7026 May97 1926 Jul97 1443 Oct95 1167 Mar98 403 May98 58 Jul98 357 Ukupna službena količina 12380 NEW YORK - Šećer br.11 cijene pri zatvaranju burze 10. listopada 1996. POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBA MAR7 10.89 10.76 10.89 10.69 10.86 10.88 MAY7 10.84 10.76 10.84 10.70 10.82 10.84 JUL7 10.74 10.66 10.74 10.64 10.72 10.73 OCT7 10.73 10.65 10.74 10.62 10.72 10.73 MAR8 10.70 10.60 10.70 10.60 10.67 10.68 MAY8 10.67 10.57 10.67 10.67 10.67 10.67 JUL8 10.55 10.60 10.63 CSCE world sugar ends near highs, still in range NEW YORK, Oct 10 (Reuter) - Shortcovering by funds lifted CSCE world sugar futures from below unchanged to close just under session peaks, possibly setting the stage for higher prices Friday, dealers said. Most-active March contract climbed from a low of 10.69 cents a lb, where sell stops have been cited, to settle near the day's high of 10.89 cents. But firm resistance was cited at 10.94, and prices are expected to remain within their current trading range amid a dearth of market-moving news. "No on expects this market to come roaring back to 11.20 any time soon," a dealer said. He noted producer selling at each tick up and called today's move a short covering technical rally. But volume was strong at an estimated 19,228 lots. March ended 0.10 firmer at 10.88, having ranged from 10.89 to 10.69. The back months finished 0.11 to 0.05 higher. The March/May spread, which closed even Wednesday, settled at 0.04. Open interest in the March contract rose 385 lots to 85,678 lots. In fundamental news, Romania said 1996 sugar output, expected to exceed 280,000 tonnes, will fall short of demand, raising the likelihood for raw sugar imports. A floor source cited talk that Russia bought more than 100,000 tonnes of sugar, but market sources were unable to verify the rumor. "I can't confirm it but it is possible," said Merrill Lynch analyst Judith Ganes. She said prices are low enough to encourage buying but it is still early in the season for Russia to purchase sugar. "The time of year makes me a little skeptical," she said. informacije: Slavica Bocek telefon: 01/273-927 fax: 01/4550-148 111050 MET oct 96