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CIJENE KAKAA NA BURZI U NEW YORKU

CIJENE KAKAOA NA BURZI U NEW YORK-U SAD - KAKAO Trgovačke spot cijene 14. travnja 1997. minimalne količine vagona, cijene u am. dolarima po toni posljednja Ghana Maincrop 1641.00 N Ivory Maincrop Maincrop 1606.00 N Bahia superior Superior 1613.00 N Sanchez FAQ FAQ 1480.00 N Sulwaesi SAQ FAQ 1443.00 N Arriba Superior Superior 1483.00 N Malaysia 110 1521.00 N Liquor Ecuador 2132.00 N Liquor Brazil 2259.00 N Maslac African 3961.00 N Maslac drugi 3961.00 N Natural Cake 10/12% 529.00 N NEW YORK - Kakao cijene pri zatvaranju burze 14. travnja 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE MAY7 1419 1401 1422 1396 1417 1418 JUL7 1461 1442 1463 1439 1459 1461 SEP7 1485 1470 1485 1465 1483 1483 DEC7 1505 1488 1505 1487 1503 1503 MAR8 1508 1526 1526 MAY8 1540 1540 1540 1540 1546 1546 JUL8 1567 1567 SEP8 1582 1582 DEC8 1593 1593 MAR9 1625 1625 CSCE cocoa ends firmer in active switch trading NEW YORK, April 14 (Reuter) - CSCE cocoa futures recouped early losses and ended firmer in quiet trading Monday, bolstered by an afternoon round of local shortcovering, traders said. Spot May delivery closed up $6 at $1,418 a tonne after ranging from $1,422 to $1,396. Active July finished $10 higher at $1,461 after posting trades from $1,463 to $1,439. The outer months gained $7 to $12. Dealers said most of the day's activity centered on the nearby May/July switch, which widened to 43 today, from 39 at the close Friday. They said switches accounted for much of the day's estimated 11,746-lot turnover. Cocoa prices slipped at the outset on speculative long liquidation after the CFTC Commitments of Traders report for the two weeks ended April 8 showed speculators (non-commercials and nonreportables) were still net long 22,266 lots. But a bigger-than-expected decline in May open interest on Friday helped turn market sentiment around, traders said. May open interest fell 4,021 lots Friday, to 9,556 lots. Traders had expected a decline of some 2,000 to 3,000 lots. "The open interest reflected big liquidation on Friday, which negated the CFTC report," one trader said. "We may see further liquidation ahead of first notice day, but I don't think it will fall apart. It's a very neutral market now." May's first notice day is April 17. Technically, traders said the market's ability to hold Friday's low of $1,433 basis July and $1,396 basis May today was viewed as constructive. July's next major upside objective would be a chart gap between $1,480 and $1,504. A gap above the market also looms for May between $1,452 and $1,473. 151039 MET apr 97

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