CIJENE KAKAOA NA BURZI U NEW YORK-U
SAD - KAKAO Trgovačke spot cijene 21. studenoga 1996.
minimalne količine vagona, cijene u am. dolarima po toni
posljednja
Ghana Maincrop 1630.00 N
Ivory Maincrop Maincrop 1575.00 N
Bahia superior Superior 1580.00 N
Sanchez FAQ FAQ 1420.00 N
Sulwaesi SAQ FAQ 1397.00 N
Arriba Superior Superior 1427.00 N
Malaysia 110 1470.00 N
Liquor Ecuador 2082.00 N
Liquor Brazil 2235.00 N
Maslac African 3902.00 N
Maslac drugi 3902.00 N
Natural Cake 10/12% 517.00 N
NEW YORK - Kakao cijene pri zatvaranju burze 21. studenoga 1996.
MJE POSLJ OTVA NAJ NAJ ZATVA NAGO
EDNJA RANJE VIŠA NIŽA RANJE DBE
DEC6 1352 1335 1358 1335 1348 1350
MAR7 1395 1391 1404 1388 1395 1397
MAY7 1416 1412 1424 1412 1416 1419
JUL7 1439 1431 1439 1430 1435 1435
SEP7 1450 1446 1456 1450 1450 1450
DEC7 1474 1474 1474 1474 1469 1469
MAR8 1491 1491
MAY8 1506 1506
JUL8 1526 1526
SEP8
CSCE cocoa ends firmer, struggles with resistance
NEW YORK, Nov 21 (Reuter) - CSCE cocoa futures clung on
gains Thursday, ending higher for the third consecutive
session as continued speculative short-covering buoyed the
market, traders said.
But steady trade selling pared gains, preventing the
active March contract from filling a chart gap between $1,404
and $1,408 a tonne, dealers said.
March cocoa ended $3 a tonne firmer, at $1,397, its
highest settlement since October 30, after ranging between
$1,404 and $1,388. Spot December ended up $10, to $1,350,
while the back months rose $3.
Most traders were still reluctant to say the market's
recent downtrend was over, noting speculator continued to
cover short positions and were not buying the market
outright.
"It is going to take the specs to get long this market to
change the tone," one trader said.
Technically, traders said the March contract may need to
fill a gap on the downside between $1,382 and $1,379 before
another round of buying emerged. After the chart gap between
$1,404 and $1,408, resistance was seen at $1,410.
On the fundamental side, traders said an estimate by
Ivorian Prime Minister Daniel Kablan Duncan which put the
country's 1997/98 (Oct-Sep) cocoa crop at around 950,000
tonnes could weigh on the market.
Recents estimates have ranged between 850,000 and 950,000
tonnes, traders noted.
Duncan said on Thursday the 1996/97 Ivory Coast cocoa crop
would decline from a record 1.2 mln tonnes last year because
the cocoa bushes were in a falling cycle after very strong
growth last year.
The day's volume reached an estimated 11,061 lots, up from
Wednesday's official tally of 9,358 lots.
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