Arabica coffee futures were up a shade in early trade Tuesday, continuing to move sideways in a tight range, while US cocoa was lower. Both markets dealt in thin volume and felt some pressure from other commodities. ICE Futures US September arabica contract was up 0.25 cent at $1.3755 per lb by 9:12 am EDT (1312 GMT), spanning $1.373 to $1.3855.
The rest up 0.20 to 1.45 cents. September volume at 2,003 lots by 9:13 am. ICE benchmark September cocoa contract was down $12 at $2,813 a tonne by 9:13 am, dealing from $2,806 to $2,854. One contract aside, the rest from $3 to $19 lower. September volume at 2,629 lots by 9:14 am.
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