CIJENE KAKAA NA BURZI U NEW YORKU

CIJENE KAKAA NA BURZI U NEW YORK-U SAD - KAKAO Trgovačke spot cijene 22. prosinca 1997. minimalne količine u vagonima, cijene u am. dolarima po toni posljednja Ghana Maincrop 1823.00 N Ivory Maincrop Maincrop 1787.00 N Bahia superior Superior 1807.00 N Sanchez FAQ FAQ 1672.00 N Sulwaesi SAQ FAQ 1648.00 N Arriba Superior Superior 1780.00 N Malaysia 110 1667.00 N Liquor Ecuador 2387.00 N Liquor Brazil 2468.00 N Maslac African 4271.00 N Maslac drugi 4271.00 N Natural Cake 10/12% 610.00 N NEW YORK - Kakao cijene pri zatvaranju burze 22. prosinca 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE MAR8 1621 1650 1656 1619 1619 1620 MAY8 1655 1685 1686 1653 1653 1654 JUL8 1682 1705 1712 1682 1680 1681 SEP8 1708 1733 1735 1708 1708 1708 DEC8 1747 1762 1762 1745 1736 1736 MAR9 1762 1785 1781 1762 1762 1762 MAY9 1781 1782 JUL9 1798 1799 SEP9 1813 1813 CSCE cocoa ends sharply lower on Phibro news NEW YORK, Dec 22 (Reuters) - CSCE cocoa prices took a beating Monday, sliding nearly four percent amid fears that a leading trade house, Phibro Inc, was preparing to exit the cocoa market . Benchmark March futures fell $65 per tonne to $1,620, ending toward the bottom of its $1,619-1,656 trading range. One of the leading players in the cocoa trade, Phibro is the holder of physical stocks estimated at around 400,000 tonnes, or more than one-quarter of the world's total consumer stocks. A spokeswoman for Phibro's parent company, Wall Street investment house Salomon Smith Barney, confirmed after the close of trading Monday that the commodities trading division would be restructured to allow the company to focus on its core businesses. No further details were provided. Market participants have speculated for months that Phibro might withdraw from softs commodities, following the announcement in September of its merger with financial services firm Travelers Group Inc. But rumors that Phibro's exit was imminent resurfaced last Friday and continued Monday, sparking fears that Phibro would move to sell off its hefty cocoa inventory. "The market was underpinned all year on ideas on that the available supply of cocoa was much more limited and restricted than actual stocks because it was in strong hands," said Merrill Lynch analyst Judith Ganes. "Now the thought is that cocoa is going to be in more ready supply." Ganes added that the Phibro news was only one of several bearish factors to hit the market in the last few days. She noted that arrivals of new-crop cocoa at Ivory Coast ports have picked up speed, and Commitment of Traders figures released late Friday showed an unexpected jump in the speculative long position. According to the latest CFTC figures, speculators were net long 15,046 lots as of December 16, about 50 percent more than what most traders had anticiapted. An estimated 10,104 lots changed hands on the day. 231226 MET dec 97