CIJENE KAVE U NEW YORK-U
SAD - KAVA Trgovačke spot cijene 11. prosinca 1996.
Differentials ZADNJA
Santos 4's even to "C" 119.00 N
Colombian MAMs 28 cts over "C" 147.00 N
El Salvador 8 cts over "C" 127.00 N
Mexican even to "C" 119.00 N
Guatemala 11 cts over "C" 130.00 N
Peru 6 cts over "C" 125.00 N
Uganda Pmy Robs 4 cts over London 64.42 N
Indonesia EK1 2 cts under London 58.42 N
Ecuador Ext Sup 8 cts under "C" 111.00 N
NEW YORK - KAVA cijene pri zatvaranju burze 11. prosinca 1996.
MJE POSLJ OTVA NAJ NAJ ZATVA NAGO
SEC EDNJA RANJE VIŠA NIŽA RANJE DBE
DEC6 119.00 117.50 119.00 118.00 119.00 119.00 1
MAR7 108.10 108.60 109.50 107.10 107.95 108.10 1
MAY7 105.50 106.40 106.90 104.75 105.10 105.50 1
JUL7 104.00 105.20 105.25 103.50 103.90 104.00 1
SEP7 102.10 103.00 103.50 101.80 102.10 102.10 1
DEC7 99.75 101.00 101.50 99.55 99.75 99.95 1
MAR8 97.50 99.00 99.00 97.50 97.50 97.75
MAY8 96.00 97.50 97.75
CSCE coffee ends uneventful session mostly weaker
NEW YORK, Dec 11 (Reuter) - CSCE coffee futures ended
mainly a touch lower in dull trade Wednesday, pressured by a
bout of mixed commission house and local profit taking, floor
sources said.
The market rallied this morning on speculative and trade
buying, dealers said, touching off buy-stops in the active
March contract near 109.00 cents a lb. But March stopped short
of key psychological resistance at 110.00 cents, peaking at
109.50 cents.
March futures eased 0.10 cent per lb, to close at 108.10,
after ranging from 109.50 to 107.10. May dipped 0.35, to
105.50, while spot December ended 1.25 higher at 119.00.
Turnover was light, at an estimated 9,888 lots.
Traders said March futures appeared to be stuck in a
near-term range between 110.00 and 107.00 cents, with keen
producer selling seen above the 110.00 level and roaster
interest at the dips.
On the fundamental side, traders await the U.S. Department
of Agriculture's revised 1996/97 world coffee production
estimate slated for release after Friday's close.
Analysts expected few changes from the June USDA figures,
which put 1996/97 global output at 99.1 million 60-kg bags, up
from 86.8 million bags the previous season.
In June, the USDA pegged top-grower Brazil's 1996/97
output at 27.5 million bags, while Colombia's crop was
estimated at 13.0 million bags. But in November the USDA
revised their Colombian estmate to 12.5 million bags.
In the past, the December report has included a
preliminary estimate of the next year's Brazilian crop, but
USDA officials would not confirm that a forecast of the
1997/98 Brazilian coffee crop would be published this time.
Traders also await the U.S. Green Coffee Association of
New York's November consumer coffee stock figures due after
the close on Monday.
121117 MET dec 96
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