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.
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