CIJENE KAKAA NA BURZI U NEW YORKU

CIJENE KAKAOA NA BURZI U NEW YORK-U SAD - KAKAO Trgovačke spot cijene 07. svibnja 1997. minimalne količine u vagonima, cijene u am. dolarima po toni posljednja Ghana Maincrop 1656.00 N Ivory Maincrop Maincrop 1608.00 N Bahia superior Superior 1618.00 N Sanchez FAQ FAQ 1485.00 N Sulwaesi SAQ FAQ 1446.00 N Arriba Superior Superior 1488.00 N Malaysia 110 1538.00 N Liquor Ecuador 2166.00 N Liquor Brazil 2209.00 N Maslac African 3960.00 N Maslac drugi 3960.00 N Natural Cake 10/12% 547.00 N NEW YORK - Kakao cijene pri zatvaranju burze 07. svibnja 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE MAY7 1415 1424 1424 1415 1420 1423 JUL7 1428 1424 1432 1420 1426 1428 SEP7 1453 1447 1455 1446 1453 1453 DEC7 1480 1474 1485 1474 1482 1483 MAR8 1507 1503 1511 1506 1508 1509 MAY8 1523 1529 1529 JUL8 1549 1549 SEP8 1564 1564 DEC8 1579 1579 MAR9 1611 1611 CSCE cocoa ends broadly higher, but volume light NEW YORK, May 7 (Reuter) - CSCE cocoa prices settled higher for the third day in a row on Wednesday, bolstered by light speculative buying and industry-linked interest in the back months, trading sources said. Benchmark July futures rose $19 a tonne on the day, to $1,428, after ranging from $1,432 to $1,420. Spot May, which expires in a week, ended $24 higher, at $1,423, while the back months gained $16 to $18. Cocoa prices gapped higher at the outset, as expected, after a strong performance in London overnight. Traders said New York's July contract initially ran into buy-stops around $1,425, prompting a flurry of buying. But after the first hour of trading, they said the pace of activity dropped off sharply. "We made it on the call then died out for the whole afternoon," one trader said. "There was a $12 range, so it really didn't do much." Although volume was light at an estimated 5,570 lots and the price range was narrow, some traders said today's finish toward the top of the day's range was positive. "It's constructive," one trader said. "But the key will be if it settle's above today's high." He added that uncertainty regarding the size of the upcoming 1997/98 (Oct-April) cocoa harvest was likely to prevent a major sell-off. "People are not sure what the next crop is going to look like," he said. "They're not going to sell it off until they have a better idea of what it's going to be." Other traders said the July contract would probably remain in a sideways range between $1,365 and $1,460 in the near-term until something new fundamental emerged. Technically, traders said there was light resistance at today's high of $1,432, with a more substantial upside hurdle seen at $1,440-$1,443. Support was seen at $1,420-$1,418, a small chart gap formed at today's open. 080932 MET may 97