CIJENE KAKAA NA BURZI U NEW YORKU

CIJENE KAKAA NA BURZI U NEW YORK-U SAD - KAKAO Trgovačke spot cijene 16. rujna 1997. minimalne količine u vagonima, cijene u am. dolarima po toni posljednja Ghana Maincrop 1921.00 N Ivory Maincrop Maincrop 1889.00 N Bahia superior Superior 1902.00 N Sanchez FAQ FAQ 1756.00 N Sulwaesi SAQ FAQ 1737.00 N Arriba Superior Superior 1806.00 N Malaysia 110 1997.00 N Liquor Ecuador 2554.00 N Liquor Brazil 2296.00 N Maslac African 4570.00 N Maslac drugi 4570.00 N Natural Cake 10/12% 674.00 N NEW YORK - Kakao cijene pri zatvaranju burze 16. rujna 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE DEC7 1697 1640 1702 1611 1697 1699 MAR8 1731 1672 1735 1647 1731 1732 MAY8 1750 1692 1750 1688 1750 1750 JUL8 1710 1770 1770 SEP8 1725 1788 1788 DEC8 1805 1805 MAR9 1819 1770 1819 1780 1828 1828 MAY9 1843 1843 JUL9 1858 1858 SEP9 CSCE cocoa rallies to sharply higher close NEW YORK, Sept 16 (Reuter) - CSCE cocoa rocketed to a sharply higher close Tuesday after a dramatic reversal to an early decline triggered successive waves of heavy speculative buying, market sources said. Traders said there were no new fundamental developments behind today's blistering rally, which saw the benchmark December contract rise as much as $91 from its early floor of $1,611. Instead, favorable technical signals drew commodity fund buyers back into the market after several days on the sidelines, dealers said. Steady trade-house buying was noted at the lows this morning, helping to push the market through the previous day's highs, where widespread buy stops were activated. "The industry was a very good buyer at the lows, and the speculators and funds were buying as the market moved higher," a trader said. "Technically, the market looks extremely good." December settled $48 a tonne higher on the day at $1,699, after trading from $1,611 to $1,702. Second-position March rose $50, to $1,732, while the outer months rose $48. Turnover was heavy at an estimated 15,062 lots. While concern about the potential effects of the volatile El Nino weather pattern, along with uncertainty over the size of the upcoming cocoa crop in West Africa, have underpinned the cooca market in recent months, analysts said there has been no change in the fundamental outlook over the past few days. "There isn't even weather to speak of" in West Africa, said Merrill Lynch analyst Judith Ganes. "The market just looks like it wants to go higher no matter what the underlying fundamentals are." Following today's steep climb, December faced resistance at $1,730, and then at the contract high of $1,777 set in early July. 171029 MET sep 97