CIJENE KAKAA NA BURZI U NEW YORKU

CIJENE KAKAA NA BURZI U NEW YORK-U SAD - KAKAO Trgovačke spot cijene 01. prosinca 1997. minimalne količine u vagonima, cijene u am. dolarima po toni posljednja Ghana Maincrop 1759.00 N Ivory Maincrop Maincrop 1726.00 N Bahia superior Superior 1746.00 N Sanchez FAQ FAQ 1617.00 N Sulwaesi SAQ FAQ 1574.00 N Arriba Superior Superior 1707.00 N Malaysia 110 1592.00 N Liquor Ecuador 2370.00 N Liquor Brazil 2401.00 N Maslac African 4121.00 N Maslac drugi 4100.00 N Natural Cake 10/12% 598.00 N NEW YORK - Kakao cijene pri zatvaranju burze 01. prosinca 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE DEC7 1530 1545 1548 1530 1529 1529 MAR8 1559 1568 1572 1559 1559 1559 MAY8 1586 1599 1599 1586 1586 1587 JUL8 1610 1621 1621 1610 1607 1607 SEP8 1629 1635 1636 1629 1625 1625 DEC8 1650 1661 1655 1650 1645 1645 MAR9 1675 1681 1675 1672 1666 1666 MAY9 1694 1692 1694 1692 1680 1680 JUL9 1696 1696 SEP9 1710 1710 CSCE cocoa ends at 15-week low on fund selling NEW YORK, Dec 1 (Reuters) - CSCE cocoa futures ended at 15-week lows on fresh fund selling, continuing the downtrend of the past two months. Funds hit the market early and hard after the London market tended 8,067 10-tonne delivery notices, which was interpreted as evidence that a healthy cocoa crop from West Africa continues to flow unabated. March cocoa ended at $1,559 a tonne, the low of the day and $23 off last Wednesday's close. The high was posted at $1,572. Today's close is the lowest price for the contract since August 18. Spot December ended at $1,529 a tonne, down $23. "Unless something reveals itself to the contrary, the cocoa market is under the assumption of no significant shortage," said Walter Spilka, an analyst with Smith Barney. "Consumption isn't bad at these levels. It's a good price. But without any fundamental news, the trend in this market is lower." The bulk of the selling came in the first hour of trading, after which volumes petered out. Although the market looks due for a technical correction, any rally is expected to be short-lived, Spilka said. The nine-day relative strength index was at a life-of-contract low, lending to credence expectations for a possible short-covering rally. "But the momentum to this market is really to the downside," one trader said, with a near-term target at $1,540 a tonne, and longer-term support at $1,520. The trade was essentially invisible Monday, with manufacturuers on the sidelines in New York. In fundamental news, Ghanian growers said the weather was favorable for the 1997/98 crop, forecast to reach 350,000 to 400,000 tonnes. The crop totaled 324,000 tonnes in 1996/97. 021211 MET dec 97