CIJENE KAKAA NA BURZI U NEW YORKU

CIJENE KAKAOA NA BURZI U NEW YORK-U SAD - KAKAO Trgovačke spot cijene 18. ožujka 1997. minimalne količine vagona, cijene u am. dolarima po toni posljednja Ghana Maincrop 1674.00 N Ivory Maincrop Maincrop 1647.00 N Bahia superior Superior 1637.00 N Sanchez FAQ FAQ 1504.00 N Sulwaesi SAQ FAQ 1471.00 N Arriba Superior Superior 1496.00 N Malaysia 110 1529.00 N Liquor Ecuador 2164.00 N Liquor Brazil 2330.00 N Maslac African 4144.00 N Maslac drugi 4085.00 N Natural Cake 10/12% 550.00 N NEW YORK - Kakao cijene pri zatvaranju burze 18. ožujka 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE MAY7 1460 1471 1485 1446 1454 1459 JUL7 1487 1494 1509 1475 1483 1485 SEP7 1512 1517 1525 1500 1507 1511 DEC7 1530 1539 1548 1528 1530 1530 MAR8 1554 1560 1570 1551 1557 1559 MAY8 1565 1576 1588 1565 1575 1577 JUL8 1601 1601 SEP8 1640 1636 1636 DEC8 1651 1651 MAR9 CSCE cocoa ends down, but off session lows NEW YORK, March 18 (Reuter) - CSCE cocoa futures pulled back sharply on Tuesday, in what traders said was a technical correction to Monday's rally to seven-month highs. But a late-session round of speculative buying lifted prices off the day's lows, traders said. "I think the market was overbought," said Refco Inc analyst Ann Prendergast. "But I look for the market to recover and resume an uptrend" Most-active May futures ended $23 a tonne lower, at $1,459, after ranging from $1,485 to $1,446. July finished down $19, to $1,485, while the back months fell $7 to $18. The market headed lower at the outset, defying pre-opening expections, as trade and arbitrage-linked selling pressured prices. Traders said downward momentum accelerated after the May contract breached $1,455, activating sell-stops. Refco's Prendergast said an upward reassessment of the Ivorian cocoa crop by broker GNI put a "crimp in the bullish mood." GNI said Tuesday that arrivals data pointed to a total Ivorian 1996/97 cocoa crop of at least 1.1 million tonnes. The estimate would indicate a rise of 150,000 tonnes on GNI's last projection in January, although it has not yet officially revised its crop outlook. Last week, Ivorian Commodities Minister Guy-Alain Gauze forecast the total harvest at less than one million tonnes. Technically, dealers said May near-term support was seen at $1,448-$1,446. Resistance was pegged near Monday's high of $1,490. While Prendergast expects the market to test the $1,500 level basis May, she said in order for May to breach its life-of-contract high of $1,526 some friendly fundamental input would be needed. Volume reached an estimated 9,579 lots, down from Monday's official tally of 11,409 lots. 191030 MET mar 97