CIJENE KAKAA NA BURZI U NEW YORKU

CIJENE KAKAOA NA BURZI U NEW YORK-U SAD - KAKAO Trgovačke spot cijene 05. veljače 1997. minimalne količine vagona, cijene u am. dolarima po toni posljednja Ghana Maincrop 1504.00 N Ivory Maincrop Maincrop 1457.00 N Bahia superior Superior 1475.00 N Sanchez FAQ FAQ 1330.00 N Sulwaesi SAQ FAQ 1289.00 N Arriba Superior Superior 1337.00 N Malaysia 110 1372.00 N Liquor Ecuador 1921.00 N Liquor Brazil 2661.00 N Maslac African 3574.00 N Maslac drugi 3617.00 N Natural Cake 10/12% 483.00 N NEW YORK - Kakao cijene pri zatvaranju burze 05. veljače 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE MAR7 1271 1289 1293 1268 1271 1272 MAY7 1305 1319 1323 1302 1305 1306 JUL7 1334 1349 1350 1331 1334 1334 SEP7 1362 1378 1379 1360 1362 1362 DEC7 1388 1401 1403 1388 1384 1386 MAR8 1411 1419 1420 1411 1408 1409 MAY8 1427 1430 1427 1427 1421 1421 JUL8 1450 1439 1439 SEP8 1456 1456 DEC8 1471 1471 CSCE cocoa stumbles as specs continue to sell NEW YORK, Feb 5 (Reuter) - CSCE cocoa prices plunged for the second day in a row on Wednesday, as speculators continued to sell a heavily amid bearish technicals and plentiful near-term supplies, floor sources said. Spot March futures slid $22 a tonne on the day, to $1,272, after ranging from $1,293 to $1,268. Most-active May fell $18, to $1,306, while the outer months finished $14 to $20 lower. Prices headed into negative territory at the opening, with losses on the London cocoa market confirming bearish sentiment. Traders said downward momentum accelerated after the March contract breached near-term chart support at $1,288. March cocoa has tumbled $51 -- or nearly four percent -- in two days despite a pair of estimates projecting a global supply deficit in the 1996/97 season. "The market ignored news of a deficit," one trader said. "If you put out bullish news and a market does not react, it is very bearish" Earlier this week the International Cocoa Organization (ICCO) forecast a world cocoa deficit of 225,000 tonnes in 1996/97 (Oct/Sept) compared with an estimated surplus of 133,000 tonnes in 1995/96. The ICCO report came on the heels of an estimate by U.K. trade house E.D.& F. Man, which forecast a supply deficit of between 170,000 and 230,000 tonnes in 1996/97. But Prudential Securities analyst Arthur Stevenson said good stock availablity in the near-term has weighed on values. "The deficit is a longer term statisical physical situation," Stevenson said. "In the short-term, supplies are ample and there is a lot of cocoa in the pipeline." Traders the nearby switch continued to trade actively, as operators continued to roll spot March into second-month May and July ahead of March's first notice day February 14. On the charts, March's life-of-contract of $1,259 was seen as nearby support, while resistance was seen at $1,300. Volume Wednesday reached an estimated 10,917 lots. 061027 MET feb 97