CIJENE KAKAA NA BURZI U NEW YORKU

CIJENE KAKAA NA BURZI U NEW YORK-U SAD - KAKAO Trgovačke spot cijene 22. listopada 1997. minimalne količine u vagonima, cijene u am. dolarima po toni posljednja Ghana Maincrop 1816.00 N Ivory Maincrop Maincrop 1785.00 N Bahia superior Superior 1793.00 N Sanchez FAQ FAQ 1653.00 N Sulwaesi SAQ FAQ 1631.00 N Arriba Superior Superior 1700.00 N Malaysia 110 1690.00 N Liquor Ecuador 2459.00 N Liquor Brazil 2570.00 N Maslac African 4269.00 N Maslac drugi 4208.00 N Natural Cake 10/12% 637.00 N NEW YORK - Kakao cijene pri zatvaranju burze 22. listopada 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE DEC7 1591 1589 1612 1589 1590 1593 MAR8 1629 1630 1648 1626 1629 1631 MAY8 1650 1653 1669 1650 1650 1651 JUL8 1679 1674 1679 1674 1671 1671 SEP8 1698 1693 1698 1693 1691 1691 DEC8 1717 1713 1717 1713 1710 1710 MAR9 1737 1737 1737 1737 1730 1730 MAY9 1749 1745 1745 JUL9 1760 1760 SEP9 1775 1775 CSCE cocoa ends lower again, but support holds NEW YORK, Oct 22 (Reuters) - CSCE cocoa prices yielded more ground Wednesday, one day after sliding to their lowest level in two months, but steady buying from the manufacturing sector kept losses to a minimum, market sources said. Prices oscillated in a relatively wide range, propelled by aggressive speculative selling at the highs and equally persistent manufacturing buying toward the lows. In the early part of the day, currency-linked arbitrage buying against the London market drove New York prices to the day's highs. But commodity funds were eager sellers toward the $1,611 level basis December, which knocked prices back to unchanged. The market dipped back below the closely-watched $1,600 level ahead of the close, but scale-down trade buying helped to avert a test of crucial support at $1,585-1,570. The bellwether December contract fell $6 to settle at $1,593 per tonne, a nine-week low. Trades were posted from $1,589 to $1,612. Traders said a strong showing on the season's first arrivals in Ivory Coast would likely keep the market under pressure in the near term. Industry sources in Abidjan told Reuters Wednesday that between 40,000 and 50,000 tonnes of cocoa had been delivered for export as of October 19. "There is a camp out there that is expecting a late crop, and this is going to allay those fears right away," one New York-based broker said of the arrivals news, which emerged after the close of business in New York. He added that the hefty total could indicate a move by exporters to ship cocoa in anticipation of a further price decline on the world market. "In a falling market, they are going to be quick to declare it and lock in a price," he said. A portion of the new arrivals total could include cocoa from last season's crop, however, dealers said. Otherwise, traders said the market looked poised for a technical bounce following its steep, eight percent drop in the past few weeks. If December were able to clear today's high of $1,612, it would next face resistance at $1,620-1,621. An estimated 12,777 lots were traded on the day. 231132 MET oct 97