CIJENE KAKAA NA BURZI U NEW YORKU

CIJENE KAKAOA NA BURZI U NEW YORK-U SAD - KAKAO Trgovačke spot cijene 31. prosinca 1996. minimalne količine vagona, cijene u am. dolarima po toni posljednja Ghana Maincrop 1604.00 N Ivory Maincrop Maincrop 1554.00 N Bahia superior Superior 1564.00 N Sanchez FAQ FAQ 1409.00 N Sulwaesi SAQ FAQ 1379.00 N Arriba Superior Superior 1412.00 N Malaysia 110 1464.00 N Liquor Ecuador 2052.00 N Liquor Brazil 2212.00 N Maslac African 3898.00 N Maslac drugi 3902.00 N Natural Cake 10/12% 504.00 N NEW YORK - Kakao cijene pri zatvaranju burze 31. prosinca 1996. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE MAR7 1374 1359 1379 1359 1373 1374 MAY7 1400 1385 1401 1384 1397 1399 JUL7 1417 1406 1417 1408 1421 1421 SEP7 1440 1425 1440 1427 1440 1440 DEC7 1452 1437 1453 1452 1453 1454 MAR8 1467 1455 1468 1457 1467 1467 MAY8 1480 1480 1480 1480 1480 1480 JUL8 1498 CSCE cocoa ends up sharply in short-covering rally NEW YORK, Dec 31 (Reuter) - CSCE cocoa prices rose sharply in the final trading day of 1996, as speculators squared books to correct from an oversold position, dealers said. After sinking for four straight days, March cocoa rallied $20 a tonne Tuesday, to close at $1,374. Trades were posted from $1,359 to $1,379. Commodity funds were good buyers at the open, traders said, with scattered manufacturer interest seen at the lows. Continued weakness on the U.S. dollar versus the British pound also benefitted New York, as operators switched out of sterling-denominated London cocoa. "The dollar is weak (against sterling)," said one broker. "That's why we're up $20 today." But today's swift run-up belied what was a largely uneventful year. The March contract drifted within a $100 band for much of 1996, ending the year just $8 shy of where it began. "It was a nothing year," said one trader. "The market was very much at equilibrium." Whether the trend will continue in 1997 depends mainly on crop results from leading producer Ivory Coast. So far this season, arrivals sharply trail their year-ago levels. While shipments have generally kept pace with market expectations, traders said they would be paying close attention updated crop forecasts due out in January. On the charts, $1,380-1,382 was seen as a key upside target for March, while support was pegged at $1,342. Today's volume reached 3,969 lots in a shortened, three-hour session. The exchange will be closed January 1 in observance of New Year's Day. Normal trading resumes on Thursday, January 2. 021043 MET jan 97