CIJENE KAKAA NA BURZI U NEW YORK-U
SAD - KAKAO Trgovačke spot cijene 25. studenoga 1997.
minimalne količine u vagonima, cijene u am. dolarima po toni
posljednja
Ghana Maincrop 1776.00 N
Ivory Maincrop Maincrop 1739.00 N
Bahia superior Superior 1766.00 N
Sanchez FAQ FAQ 1627.00 N
Sulwaesi SAQ FAQ 1592.00 N
Arriba Superior Superior 1696.00 N
Malaysia 110 1626.00 N
Liquor Ecuador 2311.00 N
Liquor Brazil 2405.00 N
Maslac African 4263.00 N
Maslac drugi 4158.00 N
Natural Cake 10/12% 589.00 N
NEW YORK - Kakao cijene pri zatvaranju burze 25. studenoga 1997.
MJE POSLJ OTVA NAJ NAJ ZATVA NAGO
EDNJA RANJE VIŠA NIŽA RANJE DBE
DEC7 1535 1547 1548 1534 1535 1544
MAR8 1580 1572 1581 1565 1574 1579
MAY8 1608 1600 1608 1593 1601 1607
JUL8 1623 1620 1623 1619 1623 1628
SEP8 1637 1639 1643 1637 1649 1646
DEC8 1665 1657 1665 1665 1666 1666
MAR9 1679 1687 1687
MAY9 1701 1701
JUL9 1717 1717
SEP9 1731 1731
CSCE cocoa recovers to plus column by close
NEW YORK, Nov 25 (Reuters) - CSCE cocoa futures ended higher
Tuesday, bouncing back from three-month lows set early in the
day on currency-based fund selling.
The market hit a low of $1,565 a tonne in the March
contract, the lowest since August 18, as weakness in sterling
against the U.S. dollar prompted early fund buying. But by the
end of the session, trade buying had overwhelmed the market,
leading to the stronger close.
March cocoa ended at $1,579 a tonne, up $5 from Monday's
close, trading between $1,565 and $1,581 a tonne. Spot December
ended at $1,544 a tonne, down $3.
"The dollar came in stronger, which led to some fund selling
in New York," said one commission house broker. "But some
manufactuers were scale-down buyers at the bottom of the range
looking for bargains. And eventually, the funds gave up on it."
From a technical standpoint, the new low and a higher
settlement would signal a reversal for cocoa after a week and a
half of steadily falling prices. But with estimated volumes at a
paltry 3,718 lots and strong crop yields expected from the Ivory
Coast, bearish sentiment prevails.
"Volumes were absolutely miserable," another trader said.
"We'll probably see some short covering rallies here and there.
But the general trend is bearish."
"Seasonally, this is the fundamentally bearish-to-neutral
time of year for cocoa," the commission-house broker said.
"There's plenty of cocoa coming in from the Ivory Coast. The
mood is one of profit-taking."
261107 MET nov 97
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