CIJENE KAKAA NA BURZI U NEW YORKU

CIJENE KAKAOA NA BURZI U NEW YORK-U SAD - KAKAO Trgovačke spot cijene 15. svibnja 1997. minimalne količine u vagonima, cijene u am. dolarima po toni posljednja Ghana Maincrop 1691.00 N Ivory Maincrop Maincrop 1666.00 N Bahia superior Superior 1693.00 N Sanchez FAQ FAQ 1539.00 N Sulwaesi SAQ FAQ 1499.00 N Arriba Superior Superior 1544.00 N Malaysia 110 1571.00 N Liquor Ecuador 2212.00 N Liquor Brazil 2335.00 N Maslac African 4152.00 N Maslac drugi 4002.00 N Natural Cake 10/12% 583.00 N NEW YORK - Kakao cijene pri zatvaranju burze 15. svibnja 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE JUL7 1480 1423 1483 1423 1479 1481 SEP7 1508 1453 1508 1452 1505 1507 DEC7 1537 1484 1537 1484 1532 1537 MAR8 1548 1508 1548 1509 1561 1561 MAY8 1580 1583 JUL8 1603 1603 SEP8 1618 1618 DEC8 1636 1636 MAR9 1668 1668 MAY9 CSCE cocoa surges, July ends at 6-week high NEW YORK, May 15 (Reuter) - CSCE cocoa futures rallied sharply on Thursday, as chart-driven speculative buying drove the key July contract to its highest settlement in six weeks, dealers said. July futures surged $59 per tonne -- or about four percent -- on the day, to finish at $1,481, after trading between $1,483 and $1,423. Second-month September closed up $54, to $1,507, while the remaining months gained $53 to $57. The market headed into positve territory at the opening, buoyed by trade buying in the back months, dealers said. Upward momentum accelerated after the July contract breached $1,438-$1,441 and then $1,450 resistance, activating a series of buy-stops, they said. "It was technical factors leading the market. $,1450 (basis July) was a key area of resistance," said Dean witter analyst Corey Bell. Traders said the market may have received support from talk that the upcoming 1997/98 Ivorian main crop could be delayed due drought conditions earlier this year, which has kept soil moisture below optimum levels. But Bell said any prediction for the 1997/98 harvest was premature. "Rumors about 1997/98 production may have stirred the market up," he said. "It could be a factor, but it's very early. We find early rumors in this market are usually far off." Additionally, talk the Ivory Coast mid-crop would not be as good as expected due to poor quality beans may have added fuel to the rally, traders said. And weather patterns suggesting dry weather could hit Brazil and Africa were also viewed as friendly. Technically, traders said July's next upside target was a chart gap formed last month between $1,494 and $1,501. Turnover was brisk, at an estimated 12,229 lots. 161045 MET may 97