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CIJENE KAKAA 24.02.1998.

CIJENE KAKAA 24.02.1998. SLUŽBENE CIJENE KAKAA NA ZATVARANJU LONDONSKE BURZE 24.02.1998. cijene su u lotovima - 1 lot iznosi 10 metričkih tona MJESEC POSLJE-DNJA PONUDA POTRA-ŽNJA NAJVI-ŠA NAJANI-ŽA PRIJA.ZATVA. KOLIČI-NA OPEN INT. MAY 98 1032 1032 1033 1036 1027 1024 5069 37557 JUL 98 1052 1051 1052 1056 1048 1045 257 14502 SEP 98 1074 1074 1075 1078 1073 1066 304 25536 DEC 98 1099 1097 1100 1102 1097 1090 47 31116 MAR 99 1128 1128 1130 1131 1127 1119 278 27721 MAY 99 1147 1140 1149 1138 11009 JUL 99 1164 1160 1169 1155 4444 SEP 99 1182 1180 1187 1173 3499 DEC 99 1140 1140 UKUPNA KOLIČINA 5955 02/24 12:40 ŠLIFFE COCOA CLOSES HIGHER AS SHORTS ROLL OUT OF MARCHĆ LONDON (DOW JONES)--LONDON COCOA FUTURES CLOSED HIGHER AS TRADE AND SPECULATIVE SHORTS ROLLED THEIR POSITIONS OUT OF MARCH AND INTO MAY OR FURTHER FORWARD, SAID BROKERS. 'THE ACTION IN COCOA TODAY WAS DOMINATED BY MARCH/MAY SWITCHING BY BOTH LONGS AND SHORTS BUT MOSTLY SHORTS WHICH IS WHY MARCH FOUND MORE SUPPORT,' SAID A BROKER FROM A NORTH AMERICAN BROKERAGE. (LIFFE CLOSING PRICES TUESDAY IN POUNDS A METRIC TON AND CSCE PRICES AT 1713 GMT IN DOLLARS A TON.) LIFFE CHANGE VOL RANGE CSCE CHANGE MAR 1,014 +13 6,643 1,014-1,003 1,530 +14 MAY 1,032 +8 5,069 1,036-1,027 1,560 +7 THE SPOT MARCH CONTRACT ENTERS ITS NOTICE PERIOD FOR DELIVERIES ON MARCH 2 AND THE CONTRACT EXPIRES ON MARCH 31. GAINS ON THE CSCE COCOA FUTURES MARKET IN NEW YORK HELPED LIFT THE LONDON PRICES, BROKERS NOTED. 'ULTIMATELY THE UPSIDE IS LIMITED FOR COCOA BECAUSE OF THE HUGE MAIN CROPS IN WEST AFRICA BUT (PORT) ARRIVALS ARE NOW STARTING TO TAIL OFF NOW AND THERE'S STILL CONCERN THAT THE DRY WEATHER WILL AFFECT THE MID-CROP,' SAID A BROKER FROM A EUROPEAN BROKERAGE. AFTER A BRIEF SPELL OF RAINFALL IN LATE JANUARY, DRY WEATHER CONDITIONS HAVE RETURNED IN WEST AFRICA, WHICH COULD HINDER THE DEVELOPMENT OF THE MID-CROP, WHICH IS HARVESTED BETWEEN MAY AND AUGUST, BROKERS NOTED. MEANWHILE, PORT ARRIVALS OF THE 1997-98 MAIN CROP IN IVORY COAST WERE ESTIMATED BY EXPORTERS TO BE AROUND 895,000 METRIC TONS AT THE END OF LAST WEEK, UP FROM AROUND 860,000 TONS A YEAR AGO. 251152 MET feb 98

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