CIJENE KAKAA NA BURZI U NEW YORKU

CIJENE KAKAA NA BURZI U NEW YORK-U SAD - KAKAO Trgovačke spot cijene 18. srpnja 1997. minimalne količine u vagonima, cijene u am. dolarima po toni posljednja Ghana Maincrop 1760.00 N Ivory Maincrop Maincrop 1723.00 N Bahia superior Superior 1740.00 N Sanchez FAQ FAQ 1705.00 N Sulwaesi SAQ FAQ 1565.00 N Arriba Superior Superior 1523.00 N Malaysia 110 1653.00 N Liquor Ecuador 2336.00 N Liquor Brazil 2402.00 N Maslac African 4184.00 N Maslac drugi 4184.00 N Natural Cake 10/12% 606.00 N NEW YORK - Kakao cijene pri zatvaranju burze 18. srpnja 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE SEP7 1541 1541 1561 1537 1539 1540 DEC7 1587 1591 1607 1586 1587 1588 MAR8 1623 1625 1637 1623 1623 1623 MAY8 1655 1645 1657 1653 1643 1643 JUL8 1663 1668 1668 1663 1661 1661 SEP8 1681 1681 DEC8 1704 1710 1710 1704 1696 1696 MAR9 1731 1728 1728 MAY9 1743 1743 JUL9 CSCE cocoa ends firmer, but early rally fizzles NEW YORK, July 18 (Reuter) - CSCE cocoa futures managed to hang on to gains on Friday, but an early rally proved to be short-lived, as scale-up selling by the trade sparked some speculative liquidation, dealers said. Traders said a lack of follow-through to the upside and a poor finish in London weighed on the market. London's most-active LIFFE September contract ended nine stg lower on Friday, at the session low of 1,015 stg, after peaking earlier at 1,031 stg. They also noted turnover was relatively light, at an estimated 5,322 lots. "It closed with a whimper," said one trader. "Most of the activity was in the first hour of trading." The CSCE benchmark September contract ended $6 per tonne higher, at $1,540, after ranging from $1,561 to $1,537. Second-month December rose $5, to $1,588, while the back months finished up $6. Cocoa prices headed higher at the open, helped by better-than-expected U.S. 1997 second quarter cocoa grindings, traders said. U.S. cocoa grindings in the 1997 second quarter rose 17.54 percent compared with the same year-ago period, to 97,223 tonnes, according to data released by the Chocolate Manufacturers Association before the opening bell on Friday. Most industry analysts had anticipated the data to show a rise of between five and 10 percent. "It came in better-than-expected," said one trader. "It was positive, but the market didn't react too drastically. It really doesn't seem to matter too much." Dealers said an early round of commercial buying prompted local and speculative short-covering. Upward momentum accelerated in September above $1,550, triggering buy-stops. Technically, dealers pegged September resistance at $1,559-$1,561, followed by $1,570-$1,574. Support was seen at a gap on the charts between $1,525 and $1,516. Dealers await the CFTC Commitment of Traders report due late Friday. They expect the data to show speculators (non-commercials and nonreportables) still net long sone 23,000 lots compared with 33,000 lots two weeks ago. Traders noted, however, the CFTC figures were for the two weeks up to July 15 and would not reflect Thursday's speculative-led sell-off. 211054 MET jul 97