CIJENE KAKAA NA BURZI U NEW YORKU

CIJENE KAKAOA NA BURZI U NEW YORK-U SAD - KAKAO Trgovačke spot cijene 12. svibnja 1997. minimalne količine u vagonima, cijene u am. dolarima po toni posljednja Ghana Maincrop 1652.00 N Ivory Maincrop Maincrop 1611.00 N Bahia superior Superior 1632.00 N Sanchez FAQ FAQ 1486.00 N Sulwaesi SAQ FAQ 1447.00 N Arriba Superior Superior 1491.00 N Malaysia 110 1552.00 N Liquor Ecuador 2158.00 N Liquor Brazil 2301.00 N Maslac African 3973.00 N Maslac drugi 3973.00 N Natural Cake 10/12% 562.00 N NEW YORK - Kakao cijene pri zatvaranju burze 12. svibnja 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE MAY7 1426 1440 1435 1426 1419 1419 JUL7 1430 1437 1445 1428 1428 1429 SEP7 1456 1464 1470 1456 1456 1457 DEC7 1485 1491 1494 1485 1485 1485 MAR8 1514 1518 1519 1514 1514 1514 MAY8 1532 1536 1535 1532 1534 1534 JUL8 1558 1555 1558 1558 1554 1554 SEP8 1570 1569 1569 DEC8 1588 1584 1584 MAR9 1616 1616 CSCE cocoa ends weaker, but interest remains thin NEW YORK, May 12 (Reuter) - CSCE cocoa prices ended weaker in uneventful dealings on Monday, pressured by speculative and origin selling, traders said. A surprising Commitment of Traders report did little to rouse the market from its doldrums. The latest CFTC data, which tracked positions through May 6, showed an unexpectedly large 4,000-lot decline in the speculative net long position, to 12,000 lots. Day traders initially bought the market on the news, but the gains were met with producer-linked selling toward the highs. Once the rally stalled, speculators turned around and sold, driving the market into negative territory for the rest of the day. "The reality is that the CFTC showed the trade increased its longs, and at these higher price levels there is little reason for the specs to come in," said one dealer. "Although the speculators are less long, the trade is longer. The question is, who has the stronger hand?" he added. July futures fell $11 a tonne on the day, to $1,429, having traded from $1,428 to 1,445. September fell $10, to $1,457, while the remaining months were $8 to $11 lower. A paltry 2,873 lots changed hands on the day. The market displayed little reaction to a report from Merrill Lynch that said the world's 1996/97 cocoa supply deficit is low as 50,000 tonnes, far smaller than the 100,000-200,000 tonne range seen earlier in the year. While a smaller shortfall could weigh heavily on cocoa prices, traders said a precise supply outlook was unlikely to emerge until the final results of the Ivorian mid-crop became available several months from now. Technically, traders said July futures would need to pierce the $1,450-1,460 range to generate substantial new buying. Farther along, a chart gap from early April awaited at $1,480-1,501. To the downside, a band of support was noted near $1,410-1,400, with a major downside objective at $1,385. 131052 MET may 97