US cocoa futures fell to a one-month low for the fourth straight day in early trade on Thursday, on continued weakness and ahead of the US grind data, while arabica coffee futures also eased, traders said. Arabica coffee for March delivery down 0.35 cent at $1.1430 per lb by 9:38 am EST (1438 GMT). Trading range from $1.1325 to $1.1555. March volume at 2,739 lots.
The rest ranged from 0.20 cent to 0.30 cent weaker. Meanwhile benchmark March down $18 at $2,380 per tonne by 9:38 am, with volume at a heavy 5,149 lots. Session range from $2,398 to $2,351, a low last seen December 12. The rest from $7 higher to $13 lower.
Comments
Comments are closed.