CIJENE KAKAA NA BURZI U NEW YORKU

CIJENE KAKAA NA BURZI U NEW YORK-U SAD - KAKAO Trgovačke spot cijene 11. srpnja 1997. minimalne količine u vagonima, cijene u am. dolarima po toni posljednja Ghana Maincrop 1792.00 N Ivory Maincrop Maincrop 1748.00 N Bahia superior Superior 1775.00 N Sanchez FAQ FAQ 1640.00 N Sulwaesi SAQ FAQ 1595.00 N Arriba Superior Superior 1645.00 N Malaysia 110 1672.00 N Liquor Ecuador 2399.00 N Liquor Brazil 2452.00 N Maslac African 4300.00 N Maslac drugi 4300.00 N Natural Cake 10/12% 620.00 N NEW YORK - Kakao cijene pri zatvaranju burze 11. srpnja 1997. MJE POSLJ OTVA NAJ NAJ ZATVA NAGO EDNJA RANJE VIŠA NIŽA RANJE DBE JUL7 1575 1575 1575 1575 1554 1556 SEP7 1575 1599 1602 1573 1575 1575 DEC7 1626 1648 1650 1625 1626 1627 MAR8 1660 1676 1676 1660 1660 1660 MAY8 1690 1680 1680 JUL8 1725 1698 1698 SEP8 1728 1718 1718 DEC8 1733 1733 MAR9 1765 1765 MAY9 1780 1780 CSCE cocoa ends lower, but volume remains light NEW YORK, July 11 (Reuter) - CSCE cocoa futures ended sharply lower and toward the bottom of the day's range in light trading on Friday, pressured by local and speculative selling, traders said. Traders said locals began liquidating long positions almost from the outset, discouraged by the September contract's recent failure to fill a key chart gap up to $1,610 a tonne. Benchmark September fell $24 a tonne on the day, to $1,575, after ranging from $1,602 to $1,573. Spot July also ended $24 lower, at $1,556, while the remaining months finished down $14 to $21. Traders said the market is likely to continue to come under pressure as speculators, who are believed to be still net long some 30,000 lots, unwind positions. "There's a general feeling that specs are still long and haven't reduced their positions substantially," said one trader. Technically, traders said today's close near session lows was viewed as bearish. September support was seen near $1,537-$1,540, followed by $1,520. On the upside, September will probably face soem resistance at the $1,600 mark, they said, with the next level of resistance seen at $1,610. Although no fresh fundamentals were in the market, some traders said improved prospects for the 1997/98 Ivorian harvest continued to dampen sentiment. But worries about the Ivorian crop were far from over, with traders closely monitoring a recent slow-down rainfall. "The weather is a little dryer and that has caused some concerns," a trader said. "There are a lot of small pods on the trees and if it gets dry, they could be damaged." The day's volume was fairly light, at an estimated 5,858 lots. 141015 MET jul 97