CIJENE KAKAA NA BURZI U NEW YORKU

CIJENE KAKAOA NA BURZI U NEW YORK-U SAD - KAKAO Trgovačke spot cijene 16. svibnja 1997. minimalne količine u vagonima, cijene u am. dolarima po toni posljednja Ghana Maincrop 1695.00 N Ivory Maincrop Maincrop 1650.00 N Bahia superior Superior 1662.00 N Sanchez FAQ FAQ 1529.00 N Sulwaesi SAQ FAQ 1484.00 N Arriba Superior Superior 1529.00 N Malaysia 110 1574.00 N Liquor Ecuador 2176.00 N Liquor Brazil 2347.00 N Maslac African 4098.00 N Maslac drugi 4049.00 N Natural Cake 10/12% 562.00 N NEW YORK - Kakao cijene pri zatvaranju burze 16. svibnja 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE JUL7 1467 1482 1490 1446 1465 1467 SEP7 1493 1508 1515 1473 1492 1493 DEC7 1519 1538 1542 1507 1519 1519 MAR8 1542 1562 1567 1540 1546 1547 MAY8 1583 1578 1583 1579 1569 1569 JUL8 1598 1595 1605 1598 1589 1589 SEP8 1625 1604 1604 DEC8 1622 1622 MAR9 1654 1654 MAY9 CSCE cocoa corrects down, but ends above lows NEW YORK, May 16 (Reuter) - CSCE cocoa futures ended broadly lower Friday in a technical correction to Thursday's run-up to six-week highs, traders said. "It was overbought," said Rich Wistisen, an analyst with Commodity Information. "This was just a mop-up of yesterday." But a late-day round of local and commission house buying picked prices up from session lows, they said. Benchmark July futures ended down $14 at $1,467 a tonne after trading between $1,490 and $1,446. Second-month September closed down the same at $1,493, while the remaining months slumped $14 to $18. Speculative buying in the morning briefly extended Thursday's rally, but traders said views the market was overbought and the July contract's inability to get through key resistance at $1,494-$1,501 a tonne, a chart gap formed last month, weighed on sentiment. Selling by the commercial sector knocked prices into negative territory and disappointed speculators joined the sell-off. Downward momentum accelerated after July fell through support at $1,460, touching off sell-stops, they said. Technically, traders said July key support was pegged at $1,445-$1,441, while the $1,494-$1,501 chart gap was still seen as a critical resistance level. Wistisen said the market may still try to fill the upside gap, but that the fundamental outlook would still weigh on cocoa. "The fundamentals are stacking up," he said. "The deficit is down and by the time all is said and done there could be a surplus. Nothing spectacular is going on on the consumption side and we keep having strong crops from the Ivory Coast." Turnover was brisk at an estimated 12,540 lots. 191202 MET may 97