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CIJENE KAKAA NA BURZI U NEW YORKU

CIJENE KAKAOA NA BURZI U NEW YORK-U SAD - KAKAO Trgovačke spot cijene 21. svibnja 1997. minimalne količine u vagonima, cijene u am. dolarima po toni posljednja Ghana Maincrop 1714.00 N Ivory Maincrop Maincrop 1669.00 N Bahia superior Superior 1681.00 N Sanchez FAQ FAQ 1548.00 N Sulwaesi SAQ FAQ 1503.00 N Arriba Superior Superior 1548.00 N Malaysia 110 1593.00 N Liquor Ecuador 2204.00 N Liquor Brazil 2378.00 N Maslac African 4151.00 N Maslac drugi 4101.00 N Natural Cake 10/12% 570.00 N NEW YORK - Kakao cijene pri zatvaranju burze 21. svibnja 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE JUL7 1486 1468 1494 1459 1485 1486 SEP7 1513 1495 1519 1490 1512 1512 DEC7 1542 1527 1548 1527 1543 1544 MAR8 1566 1550 1566 1540 1569 1569 MAY8 1570 1591 1591 JUL8 1585 1611 1611 SEP8 1600 1626 1626 DEC8 1639 1621 1648 1621 1635 1638 MAR9 1665 1676 1676 MAY9 CSCE cocoa ends up, July near one-month high NEW YORK, May 21 (Reuter) - CSCE cocoa futures ended broadly higher on Wednesday, with the benchmark July contract climbing to its highest level in nearly a month, on local and speculative buying, traders said. CSCE July futures rose $17 a tonne, to end at $1,486, after trading between $1,494 and $1,459. Second-month September also closed $17 higher, at $1,512, while the back months gained $10 to $16. Traders said the July contract's breach of light technical resistance at $1,480 a tonne triggered buy orders and pushed the spot contract to a peak of $1,494, the bottom of a $1,494-$1,501 chart gap. They noted light origin sales capped today's upswing. "Locals were shooting for the gap, but they didn't get it," said one trader. "It was a solid close and we'll see if it follows through tomorrow. If it fills the gap and settles above it, it would be positive technically." But while traders said much of the day's buying was technically inspired, they noted remarks by the Ivory Coast Commodities Minister and currency fluctuations aided the upswing. "It added a little spark," said one trader. "But I still think this was silly season-type and insurance buying." Ivorian Commodities Minister Guy-Alain Gauze, who was in London for a meeting on coffee, said he planned go to Brazil at the end of June for talks on how to improve prices. Gauze hinted that the Ivory Coast might consider holding back cocoa sales. "This is something we are thinking about," he said. But while today's volume was double Tuesday's turnover -- reaching an estimated 6,531 lots -- traders said activity was still relatively subdued. Despite today's rise, the July contract was still in its recent $1,450-$1,500 trading range, they noted. Technically, trader said after the chart gap, July would probably run into light resistance at $1,510. A major upside hurdle was noted at around $1,530. On the downside, July support was pegged at $1,475-$1,470. 221057 MET may 97

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