CIJENE KAVE NA BURZI U NEW YORKU

CIJENE KAVE U NEW YORK-U SAD - KAVA trgovačke spot cijene 19. svibnja 1997. Differentials /svibanj/ ZADNJA Santos 4's 30 cts under "C" 216.25 N Colombian MAMs 50 cts over "C" 296.25 N El Salvador 25 cts over "C" 271.25 N Mexican 20 cts over "C" 266.25 N Guatemala 26 cts over "C" 272.25 N Peru 20 cts over "C" 266.25 N Uganda Pmy Robs 12 cts over London 107.25 N Indonesia EK1 4 cts under London 91.25 N Ecuador Ext Sup 14 cts under "C" 232.25 N NEW YORK - KAVA cijene pri zatvaranju burze 19. svibnja 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO SEC EDNJA RANJE VIŠA NIŽA RANJE DBE MAY7 255.25 276.50 280.00 255.25 255.25 255.25 2 JUL7 246.75 255.00 257.00 243.25 245.75 246.25 2 SEP7 221.00 228.50 229.00 219.00 219.50 220.00 2 DEC7 196.00 203.00 203.00 195.00 195.00 195.65 2 MAR8 183.00 187.75 188.00 180.50 183.00 183.00 1 MAY8 171.00 179.00 173.00 171.00 171.00 172.00 1 JUL8 166.00 170.00 170.00 166.00 163.00 164.00 1 SEP8 158.50 160.00 160.00 158.50 158.00 158.05 1 CSCE coffee ends down sharply as May slides NEW YORK, May 19 (Reuter) - CSCE coffee futures pulled back sharply Monday, led by a massive slide in the May contract as operators rushed to liquidate long positions ahead of the spot contract's expiry at noon EDT. With only a half day of trading and open interest at 120 lots coming into today's session, dealers moved quickly to unload May arabicas. May ended 21.25 cents lower at 255.25 cents a lb, dragging down the rest of the board with it. "Liquidation on May instantly brought the rest down," one trader said. "The sell-off was in sympathy with May." Benchmark July settled down 6.90 cents at 246.25 cents after ranging from 257.00 and 243.25 cents. The outer months finished 1.00 to 6.35 cents lower. Coffee jumped 2.00 cents at the outset on the heels of a rally on the London robusta market overnight. But New York futures failed to make their 5.00-cent higher preopening call, and locals and commission houses began to sell, traders said. Downward momentum picked up after the July contract slid below 252.00 cents, activating sell orders and pushing the active down nearly 10 cents at one point, before bottom pickers emerged, they said. Some traders said today's downturn may have been aided by talk that Association of Coffee Producing Countries (ACPC) would discuss at a London meeting this week suspending export quotas in order to cool coffee futures' blistering four-month rally. At a preparatory session of the ACPC six-member technical group, a draft proposal for a full session on Wednesday would have the group retain export quotas but include new flexibility on allocating them, delegates said. "There's a concern that as the market approaches $3.00 you start to impact consumption," said Dean Witter analyst Steve Platt. "And producers don't want to shut off consumption." Platt said news that Colombia's National Coffee Growers' Federation has decided to reopen private exporters' May/June coffee registrations also may have weighed on the market. "Reopening privates' registrations may have brought out some producer selling," he noted. A statement released Friday afternoon by the National Coffee Exporters' Association of Colombia (Asoexport) said registrations for the shipment of up to 500,000 60-kg bags of coffee to Europe and Japan in May and June, would be opened to private exporters next week. In other news, leading U.S. roaster Folgers announced it will raise the list price on its standard 13-ounce can of ground regular and ground decaffeinated coffeess by 30 cents due to higher prices of green coffee on the world's futures markets. The increase, which is to take effect immediately, brings the price for a standard can of regular coffee to $3.36, and decaffeinated ground Folgers up to $4.06, the company said. Volume was light at an estimated 6,658 lots, traders said. 200947 MET may 97