CIJENE OBOJENIH METALA NA BURZI U LONDONU

LONDONSKA BURZA KOVINA: SLUŽBENE CIJENE 01.11.1996. LME OFFICIAL PRICES - NOV 01 CASH 3 MTHS 15 MTHS 27 MTHS SETT COPPER 1979.0/81.0 1949.0/50.0 1840.0/50.0 1830.0/40.0 1981 (STG EQV) 1208.44 1191.68 TIN 5935/5940 6000/6001 6170/6180 5940 LEAD 745.00/5.50 748.00/9.00 732.00/7.00 745.5 (STG EQV) 454.77 457.73 ZINC 1047.5/48.5 1073.0/74.0 1110.0/15.0 1123.0/28.0 1048.5 ALU.HG 1389.5/90.5 1417.0/18.0 1520.0/25.0 1588.0/93.0 1390.5 NICKEL 7105/7110 7218/7219 7540/7560 7660/7680 7110 ALALLOY 1245.0/50.0 1270.0/75.0 1380.0/00.0 1250 SETTLEMENT RATES - GBP 1.6393 DEM 1.5182 JPY 113.76 LME copper mired near $1,950 on LME, zinc peaks LONDON, Nov 1 (Reuter) - Copper prices encountered difficulty in making upside headway during Friday LME official ring trading, with the market baulking at intermediate resistance near $1,950, traders said. Elsewhere in a routinely-traded metals complex the general trend was lower, with the exception of the zinc market which took advantage of recent fund interest to hit 5-1/2 month highs. "It has been a good week so far for volume, but it has just gone off the boil today," one trader said. Copper's movements were again dictated by warehouse stock data, with a 8,650-tonne fall in inventories to fresh six year lows of 123,700 tonnes helping initiate a rally from early lows. Traders were heartened by the overall fall in stocks, as well as the comparatively modest 1,100 tonnes delivered into Singapore. There has been concern of much bigger arrivals in Singapore, which would suggest the recent Chinese liftings are not for consumption. But the possibility remained that the run of stock drawdowns was reaching its end, and this induced some caution, preventing another upside challenge of $1,970, they said. Cash sales and speculative liquidation kept the market on the defensive around $1,950, and by the end of the kerb three months was back at $1,940, a $18 loss from Thursday. Cash/threes was holding a steady backwardation of $32/35. Zinc stocks dropped by 2,500 tonnes, which although expected, helped the market move above $1,070. Some buy stops and fresh buying lifted prices to a peak of $1,073 before values settled back once more. Zinc's fundamentals were more upbeat, against a background of recent fund buying and talk of interest by George Soros. Last morning trade was at $1,068, against Thursday's $1,066 close. Aluminium went into reverse this morning after a hefty 10,250-tonne stock increase, snapping under $1,420 and triggering some sell-stops. Having conclusively lost touch with $1,450 overhead, a challenge of $1,400 is on the cards. Last morning trade was at $1,416, down $21 from Thursday, while alloy ended at $1,270, a $20 loss, due to primary metal weakness. Nickel suffered from disappointed liquidation after losing its grip on $7,300, and was not helped by a 90-tonne stock increase. Trade selling also put the market on the defensive, with final kerb business at $7,215, down $115. Tin trading was slow and prices held close to overnight levels, briefly flirting with $6,000. Last morning business was at $5,995, up just $10. Lead was featureless throughout the session and concluded at $748, down $4 from Thursday. FRANCUSKA BURZA KOVINA - 31. listopada 1996. BAKAR FFR/100 KG 1084 KOSITAR FFR/100 KG 3599 CINK EL. FFR/100 KG 600 ALUMINIJ FFR/100 KG 1010 SREB. C3E FFR/KG 753/878 PLATINA FFR/KG 54100/89800 PALADIJ FFR/KG 17200/25600 IRIDIJ FFR/KG 4100/25600 KOBALT FFR/100 KG 32441 ŽIVA FFR/100 KG 5200 NJEMAČKA BURZA KOVINA - 31. listopada 1996. - u DEM po 100 kg BAKAR ELEKTROLITIK 309.16/319.02 OLOVO U KABELIMA 99.94% 129.00/130.00 011727 MET nov 96