CIJENE KAKAOA NA BURZI U NEW YORK-U
SAD - KAKAO Trgovačke spot cijene 09. svibnja 1997.
minimalne količine u vagonima, cijene u am. dolarima po toni
posljednja
Ghana Maincrop 1660.00 N
Ivory Maincrop Maincrop 1620.00 N
Bahia superior Superior 1635.00 N
Sanchez FAQ FAQ 1497.00 N
Sulwaesi SAQ FAQ 1458.00 N
Arriba Superior Superior 1497.00 N
Malaysia 110 1547.00 N
Liquor Ecuador 2160.00 N
Liquor Brazil 2280.00 N
Maslac African 4027.00 N
Maslac drugi 3979.00 N
Natural Cake 10/12% 557.00 N
NEW YORK - Kakao cijene pri zatvaranju burze 09. svibnja 1997.
MJE POSLJ OTVA NAJ NAJ ZATVA NAGO
EDNJA RANJE VIŠA NIŽA RANJE DBE
MAY7 1429 1400 1429 1429 1430 1430
JUL7 1438 1420 1441 1420 1438 1440
SEP7 1467 1456 1467 1455 1465 1467
DEC7 1494 1485 1494 1483 1494 1494
MAR8 1513 1510 1516 1513 1520 1522
MAY8 1530 1531 1532 1527 1542 1542
JUL8 1562 1562
SEP8 1577 1577
DEC8 1592 1592
MAR9 1624 1624
CSCE cocoa ends thinly traded session higher
NEW YORK, May 8 (Reuter) - CSCE cocoa futures ended
broadly higher in sluggish dealings Friday, with a late bout
of local buying nudging the market toward session peaks,
traders said.
Benchmark July futures rose $18 a tonne on the day, to
$1,440, having ranged from $1,441 and $1,420. Spot May, which
goes off the board next week, also gained $18, to $1,430,
while the remaining months ended between $14 and $16 higher.
After a slow start, cocoa prices climbed in the morning
after a burst of speculative buying sent the July contract
through near-term resistance at $1,432.
But scale-up trade buying halted the rally and prices
spent the bulk of the day drifting in positive territory.
Trading volume remained light, reaching an estimated 4,309
lots at the close.
Technically, traders said July would need to punch through
resistance at $1,450 to encourage enthusiastic buying, while
support was eyed toward today's low of $1,420.
On the fundamental front, traders said all eyes were
focused on West African weather to gauge early development of
the 1997/98 cocoa crop.
They said there are concerns dry conditions in Ivory Coast
earlier this year may have kept soil moisture below optimum
levels.
"We did see significant rains in mid-April, still it may
not have been enough to replenish moisture," a trader said.
Traders await the latest CFTC Commitment of Traders report
due late Friday. They expect the report to show little change
in speculative (non-commercial and nonreportable) positions
from two weeks ago, when speculators were net long more than
12,000 lots.
"I think the spec position will be little changed," one
trader said. "There's been little change in price, volume has
been light, open interest is steady, so there's little reason
to expect it to change."
121158 MET may 97
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