CIJENE OBOJENIH METALA NA BURZI U LONDONU

LONDONSKA BURZA KOVINA: SLUŽBENE CIJENE 18.11.1996. LME OFFICIAL PRICES - NOV 18 CASH 3 MTHS 15 MTHS 27 MTHS SETT COPPER 2288.0/90.0 2165.0/67.0 1990.0/00.0 1975.0/85.0 2290 (STG EQV) 1373.15 1302.1 TIN 6010/6020 6020/6030 6135/6145 6020 LEAD 706.00/6.50 716.50/7.00 697.00/2.00 706.5 (STG EQV) 423.64 430.83 ZINC 1036.0/36.5 1058.0/59.0 1093.0/98.0 1103.0/08.0 1036.5 ALU.HG 1412.0/13.0 1439.0/39.5 1525.0/30.0 1580.0/85.0 1413 NICKEL 6680/6685 6800/6802 7105/7125 7225/7245 6685 ALALLOY 1280.0/81.0 1305.0/10.0 1415.0/35.0 1281 SETTLEMENT RATES - GBP 1.6677 DEM 1.5066 JPY 111.43 LME nickel under severe chart pressure by midday LONDON, Nov 18 (Reuter) - London Metal Exchange (LME) nickel prices dived to a two year low during active trading by Monday's midsession close. Three months delivery nickel at one stage hit $6,650 the lowest levels since October 1994. But late bouts of buying emerged to lift prices slightly to $6,700, still well down on Friday's $7,050 close. "The fall reflected chart selling...It was not driven lower by any fundamental news," one trader said. Copper after an earlier attack on resistance at $2,200 eased back under profit-taking and general liquidation. Traders said nickel's decline came against a backdrop of deteriorating charts. "The market was expecting support to emerge at $6,900 and $6,800," one trader said. He explained that once these levels were breached aggressive stop-loss selling emerged from most quarters of the market. Traders are now expecting further falls but are unsure of where the market will bottom out. Copper's earlier surge to near key $2,200 resistance against a backdrop of low LME stocks looked to have faltered by the end of Monday morning's business. Copper was last at $2,155, up on Friday's LME kerb of $2,148. Most ring activity concentrated on increasingly tight spreads. Cash to threes settled at $115-$125, versus a backwardation of $105-$115 on Friday. Traders said they expected the nearbys to remain tight and noted heavy borrowing around the December dates. Also the market was keeping a close eye on Tuesday's LME stock report, which was expected to show further draw downs after hitting a 6-1/4 year low of 101,175 tonnes on Friday. Addition declines in inventories could prompt further gains to copper. But technical analysts noted copper's 14-day RSI at 72 percent was entering overbought territory. Aluminium ended the morning at $1,439 a small $2 loss. Traders expected prices to consolidate in the recent well worn range of $1,420/$1,470. Lead sank to $715, a $10 loss. Zinc was modestly lower at $1,057, down $7, while tin was down $50 at $6,010. Alloy was neglected and was last little moved at $1,305/10. FRANCUSKA BURZA KOVINA - 18. studenoga 1996. BAKAR FFR/100 KG 1224 KOSITAR FFR/100 KG 3629 CINK EL. FFR/100 KG 600 ALUMINIJ FFR/100 KG 1010 SREB. C3E FFR/KG 763/891 PLATINA FFR/KG 53900/89700 PALADIJ FFR/KG 16700/25100 IRIDIJ FFR/KG 5400/27900 KOBALT FFR/100 KG 31962 ŽIVA FFR/100 KG 5200 NJEMAČKA BURZA KOVINA - 18. studenoga 1996. - u DEM po 100 kg BAKAR ELEKTROLITIK 350.57/360.40 OLOVO U KABELIMA 99.94% 121.75/122.75 181608 MET nov 96