CIJENE OBOJENIH METALA NA BURZI U LONDONU

LONDONSKA BURZA KOVINA: SLUŽBENE CIJENE 15.11.1996. LME OFFICIAL PRICES - NOV 15 CASH 3 MTHS 15 MTHS 27 MTHS SETT COPPER 2225.0/30.0 2132.0/34.0 1985.0/95.0 1985.0/95.0 2230 (STG EQV) 1339.42 1284.34 TIN 6005/6015 6036/6040 6150/6160 6015 LEAD 721.00/2.00 729.00/9.50 710.00/5.00 722 (STG EQV) 433.66 439.05 ZINC 1044.0/45.0 1063.5/64.0 1098.0/03.0 1108.0/13.0 1045 ALU.HG 1419.0/20.0 1441.0/42.0 1528.0/33.0 1580.0/85.0 1420 NICKEL 7013/7018 7120/7125 7430/7450 7550/7570 7018 ALALLOY 1282.0/83.0 1310.0/12.0 1415.0/35.0 1283 SETTLEMENT RATES - GBP 1.6649 DEM 1.5069 JPY 111.05 Copper firm at LME midsession, at 2-1/2 month high LONDON, Nov 15 (Reuter) - Copper prices surged higher in active Friday LME morning trading, with the market clearing several layers of overhead resistance on its journey to the highest levels since late August. Traders said the impetus for the rise from an early low of $2,010 a tonne came from several directions, offsetting negative sentiment prompted by reports earlier this week of a large hidden stockpile. Instead, LME stocks were drawn down again on Friday, nearby spread backwardations flared with cash/threes above $100 and option-related buyers joined the speculative spree, they said. Visible LME inventories dropped by 8,000 tonnes to a new 6-1/4 year low of 101,175 tonnes, which was largely in line with forecasts, although there had been some unsettling talk of an increase prior to the data. Confirmation of a decline kicked the market higher, with traders also heartened by the lack of a sizeable tonnage delivered into Singapore. There were 5,500 tonnes landed, but this much lower than the 20,000/40,000 tonnes that many had expected to be registered there recently. Option delta hedging kicked in as downside strikes receded and upside calls got closer to in-the-money, they added. Three months prices raced through chart resistance at $2,040, $2,080 and then the psychological $2,100 level. Values ended the kerb at $2,131, up $99 a tonne from Thursday. Traders expect the market to remain highly volatile. "I'm not prepared to call the next $50 move -- it could do that in a blink of an eye," one said. Other markets tended to take a back seat to copper, but most benefited from the wave of bullish sentiment. Aluminium pushed higher and is now poised to challenge $1,450 again. Last kerb trade was at $1,443, up $15. Zinc moved up as well, but the advance was limited with last kerb business at $1,064, up $4.50. News that Spain's Asturiana had finally liquidated its LME futures position came as no surprise as this operation had been continuing for some time. Lead gained $4 to finish the kerb at $729, while tin rose $50 to finish at $6,030. Alloy was quoted at a steadier $1,310/15. However, nickel bucked the trend after stalling below $7,200, and last kerb business was at $7,120, down $40. FRANCUSKA BURZA KOVINA - 15. studenoga 1996. BAKAR FFR/100 KG 1194 KOSITAR FFR/100 KG 3582 CINK EL. FFR/100 KG 600 ALUMINIJ FFR/100 KG 1010 SREB. C3E FFR/KG 754/880 PLATINA FFR/KG 53900/89700 PALADIJ FFR/KG 16700/25100 IRIDIJ FFR/KG 5400/27900 KOBALT FFR/100 KG 32132 ŽIVA FFR/100 KG 5200 NJEMAČKA BURZA KOVINA - 14. studenoga 1996. - u DEM po 100 kg BAKAR ELEKTROLITIK 320.35/330.17 OLOVO U KABELIMA 99.94% 123.75/124.75 151557 MET nov 96