SAD - KAVA Trgovačke spot cijene 04. prosinca 1996.
Differentials ZADNJA
Santos 4's 2 cts under "C" 110.80 N
Colombian MAMs 28 cts over "C" 140.80 N
El Salvador 8 cts over "C" 120.80 N
Mexican 5 cts over "C" 117.80 N
Guatemala 8 cts over "C" 120.80 N
Peru 6 cts over "C" 118.80 N
Uganda Pmy Robs 4 cts over London 64.01 N
Indonesia EK1 2 cts under London 58.01 N
Ecuador Ext Sup 8 cts under "C" 104.80 N
NEW YORK - KAVA cijene pri zatvaranju burze 04. prosinca 1996.
MJE POSLJ OTVA NAJ NAJ ZATVA NAGO
SEC EDNJA RANJE VIŠA NIŽA RANJE DBE
DEC6 112.25 113.70 113.80 112.10 112.70 112.80 1
MAR7 104.60 104.40 105.80 103.80 103.90 104.20 1
MAY7 102.25 102.40 103.50 101.90 101.90 101.95 1
JUL7 101.10 101.50 102.40 101.00 101.10 101.10 1
SEP7 100.00 100.50 101.50 100.00 100.10 100.15 1
DEC7 98.50 98.50 99.00 98.50 98.50 98.55
MAR8 95.00 96.75 97.00
MAY8 92.00 96.75 97.00
CSCE coffee ends weaker, March near six-week low
NEW YORK, Dec 4 (Reuter) - CSCE coffee futures ended
weaker for the fourth consecutive session Wednesday, as a
round of fund long liquidation pushed prices to near six-week
lows, market sources said.
"The market has not been doing well," one analyst said.
"And it is creating some liquidation."
Dealers said commission house sell-stops were triggered
below 104.50 cents a lb in the active March contract, but
steady scale-down trade buying and roaster interest trimmed
losses.
March coffee fell 0.90 cent a lb on the day, to close at
104.20 cents, it lowest settlement since October 25, after
ranging narrowly between 105.80 and 103.80. Spot December
futures finished down 1.50 cents, to 112.80, while the outer
months ended 0.25 to 1.00 weaker.
The analyst also said a report by the International Coffee
Organization showing October exports were way up could have
pressured prices today.
The ICO reported Wednesday that exporting members' exports
rose to 6.03 million 60-kg bags in October from 4.84 million
in September and 5.22 million in October 1995.
From November 1995 to October 1996 total exports were
73.80 million bags, up from 65.29 million bags in the same
year ago period, the ICO said.
But low levels of consumer coffee stocks going into the
peak consumption period should continue to provide underlying
support for the market, the analyst said. She said she
expected the market to trade sideways until Late December or
January when the flow of new-crop coffee from Central and
South America may begin to build stockpiles.
On the charts, traders said March's next support level was
seen at 103.00-102 .50, with strong psychological support at
the 100.00-cent mark. Resistance was pegged at 107.50 cents.
Turnover reached an estimated 8,811 lots.
051044 MET dec 96
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