CIJENE KAVE NA BURZI U NEW YORKU

CIJENE KAVE U NEW YORK-U SAD - KAVA Trgovačke spot cijene 12. prosinca 1996. Differentials ZADNJA Santos 4's even to "C" 123.40 N Colombian MAMs 28 cts over "C" 151.40 N El Salvador 8 cts over "C" 131.40 N Mexican even to "C" 123.40 N Guatemala 11 cts over "C" 134.40 N Peru 6 cts over "C" 129.40 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" 115.40 N NEW YORK - KAVA cijene pri zatvaranju burze 12. prosinca 1996. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO SEC EDNJA RANJE VIŠA NIŽA RANJE DBE DEC6 123.40 118.40 123.40 118.00 123.40 123.40 1 MAR7 109.90 107.80 110.25 107.80 109.70 109.85 1 MAY7 107.40 105.30 107.45 105.20 107.30 107.35 1 JUL7 105.80 103.90 105.80 103.75 105.80 105.80 1 SEP7 103.75 102.00 103.75 102.00 103.50 103.65 1 DEC7 101.75 99.75 101.75 99.90 101.50 101.65 MAR8 100.00 98.00 100.00 100.00 99.00 99.30 MAY8 96.00 99.00 99.30 CSCE coffee ends sharply higher on trade buying NEW YORK, Dec 12 (Reuter) - CSCE coffee futures ended up sharply on Thursday, lifted by steady trade buying, floor sources said. Dealers said much of today's activity was technically driven, with the benchmark March contract getting through 109.82 cents a lb, the 200-day moving average. But persistant origin selling near the highs prevented March from breaching resistance at 110.50 cents, they said. March futures peaked at 110.25 cents, before ending at 109.85 cents, up 1.75 cents per lb on the day. May rose 1.85 cents, to 107.35, while the back months gained 1.55 to 1.80. Once again, the spot December contract posted the heaviest gains, soaring 4.40 cents, to end at 123.40 cents, its highest settlement in five weeks. The December/March switch blew out to 13.55 cents, up from 10.90 at the close Wednesday. With less than week to go before the spot December contract's expiry, open interest in December still relatively high at 682 lots, the equivalent of nearly 200,000 bags of coffee. On Monday,the CSCE reported certified coffee stocks stood at only 2,321 bags in the week ended December 6. An additional 5,500 bags were certified for delivery sometime between December 6-9, and a further 11,750 bags were reported pending grading in Miami warehouses. No delivery notices were issued Thursday. To date, 11 delivery notices have been issued. "Tightness in December was one factor (behind today's gains)," said Dean Witter analyst Steve Platt. "It may also be linked to a lower Brazil crop in 1997/98." On Wednesday, Santos exporter Icatu/Sumatra said Brazil's 1997/98 coffee harvest may fall to 24 million 60-kg bags compared with 27.65 million bags in 1996/97. Recent forecasts for 1997/98 Brazilian output have ranged widely between 17.8 million and 30 million 60-kgs of coffee versus around 27 million bags in 1996/97. The U.S. Department of Agriculture will release its revised 1996/97 world coffee production estimate after the close of business on Friday. 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. Turnover reached an estimated 9,800 lots, traders said. 131108 MET dec 96