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Arabica coffee and US cocoa futures eased in early trade on Wednesday, correcting lower and remaining rangebound, traders said. Arabica coffee for May delivery down 0.85 cent at $1.1590 per lb, by 9:07 am EDT (1307 GMT). Session range from $1.1530 to $1.1655 per lb. May volume at 2,771 lots.
The rest ranged 0.75 cent to 1.00 cent lower. Benchmark May cocoa fell $44 at $2,565 per tonne by 9:08 am. May volume at 3,551 lots. Session range from $2,542 to $2,605. The rest of the contracts ranged from $38 to $59 weaker.

Copyright Reuters, 2009

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