CIJENE KAKAA NA BURZI U NEW YORKU

CIJENE KAKAOA NA BURZI U NEW YORK-U SAD - KAKAO Trgovačke spot cijene 13. lipnja 1997. minimalne količine u vagonima, cijene u am. dolarima po toni posljednja Ghana Maincrop 1810.00 N Ivory Maincrop Maincrop 1772.00 N Bahia superior Superior 1789.00 N Sanchez FAQ FAQ 1652.00 N Sulwaesi SAQ FAQ 1614.00 N Arriba Superior Superior 1667.00 N Malaysia 110 1710.00 N Liquor Ecuador 2287.00 N Liquor Brazil 2489.00 N Maslac African 4389.00 N Maslac drugi 4394.00 N Natural Cake 10/12% 626.00 N NEW YORK - Kakao cijene pri zatvaranju burze 13. lipnja 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE JUL7 1583 1523 1597 1523 1580 1592 SEP7 1625 1576 1644 1576 1625 1632 DEC7 1668 1612 1677 1611 1662 1671 MAR8 1698 1638 1700 1638 1698 1700 MAY8 1720 1656 1720 1720 1720 1720 JUL8 1681 1740 1740 SEP8 1686 1760 1760 DEC8 1751 1710 1760 1717 1771 1771 MAR9 1808 1808 MAY9 CSCE cocoa soars to eight-year highs, funds buy NEW YORK, June 13 (Reuter) - CSCE cocoa futures shot up to their highest level in eight years on Friday, as commodity funds bought heavily amid lingering concerns about next season's Ivorian crop and a developing weather pattern called El Nino, traders said. "The funds are piling in on the buyside," said one trader. "It is against El Nino and reports of reduced Ivorian crop potential in 1997/98." Benchmark September surged $73 a tonne at one point, to a new life-of-contract high of $1,644, before origin selling trimmed gains. September closed up $61 a tonne, to $1,632. Spot July, which rallied to a eight-year high on the continuous weekly chart of $1,597, ended $69 higher at $1,592. The back months rose $67 to $69. The market has now racked up gains the last five days in a row. Concerns El Nino could pose a threat to cocoa crops in Southeast Asia continued to provide underlying support, traders said. Earlier this week, 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. "El Nino is a factor that affects areas where cocoa is grown and it is starting," said Smith Barney analyst Walt Spilka. "I may not have an immediate effect, but there will eventually be less cocoa because of it. "I think we could see $1,700 to $1,900 cocoa at some point," he added. Also underpinning the recent rally, has been worries that dry weather in top-grower Ivory Coast may be hampering early pod development on the 1997/98 cocoa crop. But some traders downplayed talk of low early Ivory Coast settings, saying it was too early in the season to gauge next season's crop. On the charts, some traders said the market may be a bit overbought and due for a correction, although other market participants said the cocoa's technical outlook was constructive. "It's the new bull for the minute," said Allendale analyst Jim Cordier. "The funds are ready to throw their money in another soft besides coffee. "The fundamentals have changed and cocoa has some has some observers now," he said. "Technically, it looks phenonmel." Volume was heavy, at an estimated 23,519 lots. 161031 MET jun 97