CIJENE KAKAA NA BURZI U NEW YORKU

CIJENE KAKAOA NA BURZI U NEW YORK-U SAD - KAKAO Trgovačke spot cijene 11. ožujka 1997. minimalne količine vagona, cijene u am. dolarima po toni posljednja Ghana Maincrop 1666.00 N Ivory Maincrop Maincrop 1631.00 N Bahia superior Superior 1614.00 N Sanchez FAQ FAQ 1508.00 N Sulwaesi SAQ FAQ 1474.00 N Arriba Superior Superior 1493.00 N Malaysia 110 1474.00 N Liquor Ecuador 2157.00 N Liquor Brazil 2307.00 N Maslac African 4072.00 N Maslac drugi 4072.00 N Natural Cake 10/12% 542.00 N NEW YORK - Kakao cijene pri zatvaranju burze 11. ožujka 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE MAR7 1383 1340 1383 1345 1389 1389 MAY7 1453 1410 1459 1408 1448 1451 JUL7 1473 1432 1478 1430 1470 1472 SEP7 1492 1454 1492 1454 1490 1492 DEC7 1520 1481 1520 1481 1518 1519 MAR8 1548 1513 1550 1513 1548 1548 MAY8 1559 1525 1560 1558 1565 1565 JUL8 1587 1587 SEP8 1622 1622 DEC8 1637 1637 CSCE cocoa surges to end near seven-month highs NEW YORK, March 11 (Reuter) - CSCE cocoa prices jumped for the second day in a row on Tuesday, rallying to their highest close in nearly seven months, as speculators bought heavily amid a change in market sentiment, traders said. "Everyone is used to a bear market in cocoa and everytime it rallied everyone sold," said Allendale Commodities analyst Jim Cordier. "But I think this market has turned a corner because the fundamentals have changed." Most-active May futures surged $59 a tonne -- or more than four percent -- on the day, to close at $1,451, having traded from $1,459 to $1,408. July also finished $59 higher, at $1,472, while the rest soared $50 to $59. Cordier said remarks by Phibro director Anthony Ward on Monday helped to spark bullish sentiment. Ward said that he believed London prices could hit 1,500 stg a tonne because of a structural deficit. On Tuesday, London's key May contract closed at 1,010 stg, up 29 stg. Ward declined to comment on whether Phibro, a major player in cocoa market, holds a large physical position in the market, but his comments suggested Phibro would hold stocks as part of a long term strategy. "We finally have a trade house holding on to cocoa and saying we're not going to let it go," said Cordier. "Before, everyone pooh-poohed talk about deficits." From a technical stance, Cordier said the cocoa market also appeared bullish. "If the market closes above $1,450 for two days it will confirm the breakaway gap and the days of $1,300 and $1,200 cocoa will be long behind us," he said. "The next stop is $1,600." But other market participants said after cocoa's torrid two-day rally, which saw prices spike up some 10 percent, the market may be due for a correction. An estimated 25,754 lots changed hands on the day, up from Monday's official total of 22,854 lots. After Tuesday's close, the CSCE said effective March 12 it will raise margins on all cocoa contracts to $700, an increase of $300 from current levels. 121108 MET mar 97