CIJENE KAKAA NA BURZI U NEW YORKU

CIJENE KAKAOA NA BURZI U NEW YORK-U SAD - KAKAO Trgovačke spot cijene 11. lipnja 1997. minimalne količine u vagonima, cijene u am. dolarima po toni posljednja Ghana Maincrop 1694.00 N Ivory Maincrop Maincrop 1653.00 N Bahia superior Superior 1666.00 N Sanchez FAQ FAQ 1536.00 N Sulwaesi SAQ FAQ 1494.00 N Arriba Superior Superior 1549.00 N Malaysia 110 1581.00 N Liquor Ecuador 2113.00 N Liquor Brazil 2314.00 N Maslac African 4045.00 N Maslac drugi 4045.00 N Natural Cake 10/12% 579.00 N NEW YORK - Kakao cijene pri zatvaranju burze 11. lipnja 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE JUL7 1471 1428 1472 1426 1468 1471 SEP7 1514 1469 1516 1469 1510 1514 DEC7 1549 1511 1549 1510 1549 1549 MAR8 1575 1540 1577 1540 1575 1575 MAY8 1575 1557 1575 1557 1595 1595 JUL8 1615 1615 SEP8 1635 1635 DEC8 1630 1612 1630 1612 1648 1648 MAR9 1685 1685 MAY9 CSCE cocoa ends up sharply, July at two-week high NEW YORK, June 11 (Reuter) - CSCE cocoa futures finished up sharply on Wednesday, as chart-driven speculative buying pushed nearby prices higher for the third day in a row, traders said. Front-month July futures jumped $36 a tonne on the day, to $1,471, its highest level since May 29, after ranging between $1,472 and $1,426. Second-month September closed $37 higher, at $1,514, while the outer months finished up $30 to $34. "I think the action today was really an extension of what we've seen over the last few days in the market," said Prudential Securities analyst Arthur Stevenson. "There has been a slowdown in origin activity and also a slowdown in speculative long liquidation." Fears that the developing weather pattern called "El Nino" could produce damaging dry weather in key cocoa producing countries provided background support and could be a "legitimate long-term factor," Stevenson said. On Tuesday, the U.S. National Oceanic and Atmospheric Admistration (NOAA) said ocean temperatures to the west of South America were the highest since August 1983 and an El Nino was in progress. The 1983 El Nino caused severe drought in Indonesia -- the third-largest producer of cocoa in the world -- and Hamberg, Germany-based agricultural newsletter Oil World said Tuesday the developing El Nino had increased the chance of drought across Southeast Asia. Although some weather forecasters said it was too early to gauge the possible effects of El Nino, Indonesia is already experiencing dryer than normal conditions, meterologists said. Some traders also worried the weather phenonomen could bring dry conditions to major cocoa producers in West Africa, although Weather Services Corp. meterologist and chief executive officer Peter Leavitt said El Nino generally does not have a predicable effect on West African weather. "West Africa is not one of the regions that generally has a correlation to El Nino," Leavitt said. "Indonesia has a good correlation of drought when an El Nino is going and I think it is going to be a particularlly potent El Nino." Volume was heavy, at an estimated 12,798 lots. 121011 MET jun 97