CIJENE KAKAA NA BURZI U NEW YORKU

CIJENE KAKAA NA BURZI U NEW YORK-U SAD - KAKAO Trgovačke spot cijene 16. srpnja 1997. minimalne količine u vagonima, cijene u am. dolarima po toni posljednja Ghana Maincrop 1799.00 N Ivory Maincrop Maincrop 1761.00 N Bahia superior Superior 1771.00 N Sanchez FAQ FAQ 1644.00 N Sulwaesi SAQ FAQ 1598.00 N Arriba Superior Superior 1659.00 N Malaysia 110 1694.00 N Liquor Ecuador 2401.00 N Liquor Brazil 2485.00 N Maslac African 4313.00 N Maslac drugi 4323.00 N Natural Cake 10/12% 620.00 N NEW YORK - Kakao cijene pri zatvaranju burze 16. srpnja 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE JUL7 1545 1540 1588 1545 1571 1571 SEP7 1575 1582 1591 1570 1575 1576 DEC7 1624 1628 1636 1619 1624 1625 MAR8 1660 1661 1666 1654 1660 1660 MAY8 1685 1678 1685 1677 1680 1680 JUL8 1696 1696 1696 1696 1698 1698 SEP8 1723 1718 1718 DEC8 1733 1733 MAR9 1758 1765 1765 MAY9 1780 1780 CSCE cocoa ends lower, but prices seen in a range NEW YORK, July 16 (Reuter) - CSCE cocoa futures ended broadly lower on Wednesday, as local and light speculative long liquidation wiped away all the previous day's gains, traders said. Traders said the market appeared to biding its time until some fresh fundamental input emerged, with prices seen bouncing around in range between $1,570 and $1,600 a tonne basis September. "The market is pathetic right now," said one trader. "There's no volume, it's all locals -- the trade isn't really doing anything -- and it's stuck in a range." Benchmark September fell $19 tonne on the day, to $1,576, after ranging from $1,591 to $1,570. Spot July, which expired today, ended $12 lower, at $1,571, while the remaining months finished down $16 to $18. Local and speculative liquidation pressured the market from the outset on Wednesday. But light scale-down trade buying stemmed the downslide and kept the benchmark September contract from breaching chart support at $1,570-$1,565 a tonne, dealers said. "The trade is buying on dips, but they are not buying much," said a dealer. "They are just supporting the bottom end of the range." Technically, traders said September will continue to face some support at $1,570 down to $1,565, with the next level seen at $1,545. Resistance was pegged at $1,600, followed by $1,610. Traders are hoping the U.S. second quarter grind figures due out on Friday at 0845 EDT, will help the market get out of its recent doldrums. Most analysts expected the U.S. second quarter grind to rise by five to 10 percent compared with the same year-ago period, although estimates ranged from a five-percent decrease to a 15-percent increase. In 1996, U.S. second quarter grindings rose by 4.85 percent to 82,713 tonnes against a revised 78,886 tonnes in the 1995 second quarter. In the first quarter of 1997, grindings surged 20.74 percent to 95,435 tonnes versus the same year-ago period. The day's volume reached an estimated 5,426 lots. 171012 MET jul 97