US cocoa futures fell to another five-week low in early trade on Monday, on technical pressure following Friday's sharp fall, while arabica coffee climbed on support from the commodity complex, traders said. Arabica coffee for May delivery up 1.20 cents at $1.1240 per lb by 9:25 am EST (1425 GMT). Trading ranged from $1.1145 to $1.1325. May volume at a light 1,833 lots.
The rest from 0.85 cent to 1.50 cents stronger. Benchmark May cocoa eased $9 to $2,421 per tonne by 9:26 am. May volume at a heavy 5,433 lots. Session range from $2,441 to $2,382, the lowest since Jan. 20 for the second-month contract. The rest from $4 to $33 weaker.
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