CIJENE KAKAA NA BURZI U NEW YORKU

CIJENE KAKAOA NA BURZI U NEW YORK-U SAD - KAKAO Trgovačke spot cijene 08. travnja 1997. minimalne količine vagona, cijene u am. dolarima po toni posljednja Ghana Maincrop 1628.00 N Ivory Maincrop Maincrop 1593.00 N Bahia superior Superior 1600.00 N Sanchez FAQ FAQ 1462.00 N Sulwaesi SAQ FAQ 1423.00 N Arriba Superior Superior 1460.00 N Malaysia 110 1517.00 N Liquor Ecuador 2109.00 N Liquor Brazil 2226.00 N Maslac African 3953.00 N Maslac drugi 3906.00 N Natural Cake 10/12% 537.00 N NEW YORK - Kakao cijene pri zatvaranju burze 08. travnja 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE MAY7 1401 1383 1403 1377 1396 1400 JUL7 1441 1421 1444 1418 1435 1440 SEP7 1456 1446 1456 1443 1463 1464 DEC7 1485 1467 1486 1466 1480 1485 MAR8 1494 1483 1494 1488 1503 1505 MAY8 1511 1505 1511 1505 1524 1525 JUL8 1521 1519 1522 1519 1540 1543 SEP8 1530 1530 1530 1530 1558 1558 DEC8 1569 1569 MAR9 CSCE cocoa recoups losses, ends slightly higher NEW YORK, April 8 (Reuter) - CSCE cocoa futures staged a modest recovery late Tuesday, boucing back from early losses and Monday's massive sell-off on light trade buying and speculative shortcovering, dealers said. May delivery ended $2 firmer at $1,400 a tonne after ranging from $1,403 to $1,377. Second-month July rose $4 to $1,440, while the outer months ended $3 to $12 higher. Speculative long liquidation drove prices lower at the outset, with the nearby contracts gapping some $13 a tonne down at the opening bell, after losses in London overnight. But after spending the bulk of the day in negative territory, prices managed to climb above unchanged in the last hour of trading. Dealers said said a hefty 9,037-lot drop in May open interest on Monday, to 21,348 lots, helped relieve some of the pressure. "I think some people said: wow, all these specs are out," one trader said. "And the market steadied." While May's open interest was cut by nearly a third on Monday, some traders said nearby cocoa was likely to continue to come under pressure as speculators liquidate or roll spot positions into July before May's first notice day on April 17. "There's still more than 20,000 open interest and there are still a lot of longs in this market," a trader said. "Plus there's no reason for it to go back to $1,500." The market's fundamentals are likely to continue to weigh on sentiment, traders said, with disappointing first-quarter European grinds and recent rains that improved prospects for the Ivorian mid-crop limiting any upside move. But some traders were encouraged by the market's recovery off lows today and said the market may continue to correct higher after dropping $112 a tonne -- or more than seven percent -- since the first of April. On the charts, traders said May would need to hold above $1,395 to shore up its stance. Resistance was seen at around $1,420. Near-term support was pegged at $1,380, followed by $1,370, with the strong downside hurdle at $1,350. Volume on the exchange reached an estimated 15,770 lots, just over half Monday's official record turnover of 30,678 lots. 091113 MET apr 97