CIJENE KAKAA NA BURZI U NEW YORKU

CIJENE KAKAA NA BURZI U NEW YORK-U SAD - KAKAO Trgovačke spot cijene 24. listopada 1997. minimalne količine u vagonima, cijene u am. dolarima po toni posljednja Ghana Maincrop 1802.00 N Ivory Maincrop Maincrop 1772.00 N Bahia superior Superior 1783.00 N Sanchez FAQ FAQ 1645.00 N Sulwaesi SAQ FAQ 1618.00 N Arriba Superior Superior 1687.00 N Malaysia 110 1678.00 N Liquor Ecuador 2428.00 N Liquor Brazil 2539.00 N Maslac African 4245.00 N Maslac drugi 4245.00 N Natural Cake 10/12% 627.00 N NEW YORK - Kakao cijene pri zatvaranju burze 24. listopada 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE DEC7 1578 1605 1610 1577 1577 1580 MAR8 1615 1642 1646 1615 1615 1618 MAY8 1640 1663 1666 1640 1640 1640 JUL8 1662 1683 1685 1662 1660 1660 SEP8 1681 1700 1682 1681 1681 1681 DEC8 1699 1730 1700 1699 1699 1699 MAR9 1744 1750 1746 1744 1719 1719 MAY9 1734 1734 JUL9 1749 1749 SEP9 1764 1764 CSCE cocoa ends lower after late selloff NEW YORK, Oct 24 (Reuters) - CSCE cocoa prices pulled back to a new nine-week low Friday, dragged down by a late round of technically inspired selling, traders said. The bellwether December contract slid $20 to finish at $1,580 per tonne, near the bottom of the day's $1,610-1,517 trading range. Traders said the market's failure to clear key near-term resistance during an early rally sparked a wave of technical selling that kept prices under pressure for the remainder of the day. December climbed to a high of $1,610 shortly after the opening bell, but trade-house selling prevented it from clearing the closely-watched $1,611 level. Late in the day, the market worked its way into a key chart gap stretching from $1,583-1,570 before encountering renewed manufacturer buying. Cocoa prices tumbled $66 per tonne, or 4 percent, on the week, ending at their lowest point since mid-August. Traders said a strong showing on the season's first arrival figures from Ivory Coast, along with reports of steady rainfall in key cocoa-growing regions, have put a damper on buying interest. But after this week's rout, the market may finally find some support from figures released after the close of trading Friday. The latest Commitment of Traders data showed speculators to be net long 18,737 lots as of October 21, down sharply from the 30,000 net long position held two weeks ago. "It's probably slightly positive for the market," said one broker. "Most people were looking for 22,000-24,000 lots." Also after the close of business, the U.S. Department of Agriculture published its first estimate for world cocoa production for the 1997/98 crop year. The USDA pegged total world ouput at 2.76 million tonnes, up nearly two percent from a revised 2.71 million tonnes in 1996/97. In its quarterly tropical products report, the USDA forecast the Ivory Coast crop at 1.18 million tonnes, up from 1.13 million a year ago. The Agriculture Department pegged Ghanian production at 350,000 tonnes, up from 324,000 tonnes last year. While the USDA estimate is toward the high-end of recent industry forecasts, traders said the numbers were not closely watched in the market and were not likely to have much of an impact on prices. The day's volume amounted to 7,930 lots. 271111 MET oct 97