LONDONSKA BURZA KOVINA: SLUŽBENE CIJENE 05.12.1996.
LME OFFICIAL PRICES - DEC 05
CASH 3 MTHS 15 MTHS 27 MTHS SETT
COPPER 2384.0/86.0 2214.0/15.0 2015.0/25.0 1950.0/60.0 2386
(STG EQV) 1469.66 1367.01
TIN 6084/6085 6110/6111 6225/6235 6085
LEAD 685.50/6.00 691.50/2.00 673.00/8.00 686
(STG EQV) 422.54 427.08
ZINC 1046.5/47.5 1069.0/70.0 1105.0/10.0 1113.0/18.0 1047.5
ALU.HG 1502.0/03.0 1532.0/32.5 1588.0/93.0 1597.0/02.0 1503
NICKEL 6820/6825 6890/6895 7225/7245 7455/7475 6825
ALALLOY 1340.0/45.0 1365.0/67.0 1475.0/95.0 1345
SETTLEMENT RATES - GBP 1.6235 DEM 1.5593 JPY 112.74
LME copper eases in quiet and cautious LME trade
LONDON, Dec 5 (Reuter) - Copper prices hovered in a tight
range above $2,200 per tonne on the London Metal Exchange (LME)
on Thursday in cautious trading ahead of Friday's stock data.
Three-months copper ended the morning kerb at $2,206 per
tonne, down $2 from Wednesday's late close, after ranging
between $2,200 and $2,215 in early trading.
The cash to threes backwardation on copper widened about $10
from Wednesday's late levels to around $170, then contracted
later in the session to $165/$170.
Volumes were thin on the trading floor, traders said.
Some of the recent uncertainty and liquidity in the market
had disappeared after Wednesday's December options declaration
was concluded.
But Friday's LME stock data was injecting a note of wariness
into the market, traders said, with some predicting inventories
would rise again after a long string of drawdowns.
Stocks had increased by 1,000 tonnes on Tuesday.
"People are nervous of taking positions ahead of the stocks.
They're afraid to go short, but they don't want to go long," one
trader said.
"Copper just doesn't seem realistic anymore and no one wants
to trade it unless they have to," added another.
Several traders said that copper had arrived in LME
warehouses, with 3,000 tonnes reported to have shown up in Long
Beach and 1,000 tonnes in Baltimore. Metal was also said to
have arrived in Singapore.
The other metals were also quiet, easing slightly or
fluctuating within tight price ranges.
Aluminium followed copper lower in the morning kerb, edging
below $1,530 to end the kerb at $1,527, down $10.
Nickel eased back below $6,900 to $6,880.
Zinc was barely changed at $1,068, and lead was up $2 at
$691. Tin was last bid down $15 at $6,100.
Aluminium alloy was last at $1,365/67.
FRANCUSKI METALI - 04. prosinca 1996.
BAKAR FFR/100 KG 1306
KOSITAR FFR/100 KG 3766
CINK EL. FFR/100 KG 625
ALUMINIJ FFR/100 KG 1010
SREB. C3E FFR/KG 761/888
PLATINA FFR/KG 53600/89400
PALADIJ FFR/KG 16800/25200
IRIDIJ FFR/KG 6800/29300
KOBALT FFR/100 KG 31947
ŽIVA FFR/100 KG 5200
NJEMAČKI METALI - 04. prosinca 1996. - u DEM po 100 kg
GERMAN ELEKTROLITIK 373.89/384.05
OLOVO U KABELIMA 99.94% 120.75/121.75
051621 MET dec 96
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