CIJENE KAVE U NEW YORK-U
SAD - KAVA Trgovačke spot cijene 30. prosinca 1996.
Differentials ZADNJA
Santos 4's 2 cts under "C" 113.95 N
Colombian MAMs 22 cts over "C" 137.95 N
El Salvador 6 cts over "C" 121.95 N
Mexican even to "C" 115.95 N
Guatemala 6 cts over "C" 121.95 N
Peru 6 cts over "C" 121.95 N
Uganda Pmy Robs 6 cts over London 62.70 N
Indonesia EK1 2 cts under London 54.70 N
Ecuador Ext Sup 8 cts under "C" 107.95 N
NEW YORK - KAVA cijene pri zatvaranju burze 30. prosinca 1996.
MJE POSLJ OTVA NAJ NAJ ZATVA NAGO
SEC EDNJA RANJE VIŠA NIŽA RANJE DBE
MAR7 116.00 115.50 117.45 115.10 115.85 115.95 1
MAY7 113.60 113.50 114.60 113.00 113.60 113.65 1
JUL7 112.20 112.00 113.20 111.50 112.00 112.10 1
SEP7 111.25 110.40 111.25 110.00 111.25 111.25 1
DEC7 108.50 108.05 109.50 108.50 108.00 108.25 1
MAR8 107.00 106.50 107.00 107.00 107.00 107.00 1
MAY8 105.00 107.00 107.15 1
JUL8
CSCE coffee reverses to close narrowly mixed
NEW YORK, Dec 30 (Reuter) - CSCE coffee ended narrowly
mixed on Monday, after persistent selling by both speculators
and producing countries wiped out the market's early gains,
trading sources said.
Prices rallied early in the session, as commodity funds,
encouraged by Friday's strong technical finish, continued to
bid the market higher.
But buying interest faltered as nearby March approached
the previous day's high of 117.50 cents, and pressure from the
origin sector increased. Mexico and several Central American
countries were steady sellers, traders said, while top growers
Brazil and Colombia were largely quiet.
Traders also cited figures released at midday data showing
a sharp rise in open positions as of last Friday. Open
interest rose 2,035 lots through last Friday, to 30,415, with
the March contract posting the bulk of the increase.
"The market tried to go up, but we found some selling
around 117.50," one trader said. "The open interest was a
negative factor."
Most-active March fell 0.25 cent per lb, to 115.95, having
traded from 115.10 to 117.45. Second-position May inched up
0.10 cent, to 113.65, as the nearby switched narrowed to 2.30
cents from 2.65.
Having closed above 115 cents for two straight days, the
market's technical outlook remained solid, dealers said. But
March would need to hold above last Friday's low 113.20 cents
to sustain its momentum. Overhead, March faced strong
resistance toward 119-120 cents.
On the fundamental side, new developments have been
scarce, but traders said tonight's weekly certified stock
report could provide some direction.
Volume on Monday reached an estimated 6,642 lots.
On Tuesday, December 31, the CSCE will hold an abbreviated
session before New Year's Eve. Trading on the "C" contract
will close at 1135 EST/1635 GMT.
The CSCE will be closed on Wednesday, January 1, in
observance of New Year's Day.
311106 MET dec 96
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