CIJENE KAKAOA NA BURZI U NEW YORK-U
SAD - KAKAO Trgovačke spot cijene 11. veljače 1997.
minimalne količine vagona, cijene u am. dolarima po toni
posljednja
Ghana Maincrop 1474.00 N
Ivory Maincrop Maincrop 1429.00 N
Bahia superior Superior 1457.00 N
Sanchez FAQ FAQ 1304.00 N
Sulwaesi SAQ FAQ 1269.00 N
Arriba Superior Superior 1316.00 N
Malaysia 110 1337.00 N
Liquor Ecuador 1849.00 N
Liquor Brazil 1995.00 N
Maslac African 3508.00 N
Maslac drugi 3550.00 N
Natural Cake 10/12% 469.00 N
NEW YORK - Kakao cijene pri zatvaranju burze 11. veljače 1997.
MJE POSLJ OTVA NAJ NAJ ZATVA NAGO
EDNJA RANJE VIŠA NIŽA RANJE DBE
MAR7 1243 1259 1265 1242 1243 1244
MAY7 1282 1295 1299 1281 1281 1282
JUL7 1310 1328 1328 1310 1310 1312
SEP7 1348 1357 1359 1342 1337 1337
DEC7 1367 1374 1375 1367 1367 1367
MAR8 1395 1398 1399 1395 1390 1395
MAY8 1410 1400 1405
JUL8 1420 1423 1423
SEP8 1440 1440
DEC8 1455 1455
CSCE cocoa stumbles to new contract lows
NEW YORK, Feb 11 (Reuter) - CSCE cocoa prices tumbled to
new life-of-contract lows on Tuesday as speculators sold
heavily amid a gloomy technical picture and the perception of
ample near-term supply, traders said.
Most-active May fell $21 a tonne on the day, to $1,282,
just off a fresh low of $1,281. The day's high was $1,299.
Spot March contract ended $23 lower, at $1,244, a near
11-month low on the weekly chart, while the outer months
finished down $16 to $23.
The market headed lower at the outset, as a weak
performance in the London cocoa market weighed on sentiment.
Dealers said downward momentum accelerated after May delivery
breached key chart support at $1,291.
Technically, traders pegged near-term May support at
$1,275, while resistance was seen near $1,299-$1,303.
"Everyday it just works lower," one trader said. "I think
you will see $1,250 before $1,310 in May."
On the fundamental side, traders said a pick-up in Ivorian
arrivals during January, which could signal a
larger-than-expected 1996/97 harvest, and a perception of
plentiful supplies in the short-term will to continue to
pressure the market.
"The bottom line is, there is plenty of cocoa to be found
if you want to buy cocoa," said Smith Barney analyst Walt
Spilka.
Active spread trading ahead of the spot contract's first
notice day Friday accounted for much of the day's volume,
which came in at an estimated 11,547 lots, up from Monday's
official tally of 8,630 lots.
120950 MET feb 97
(Hina) gt mm