US MIDDAY: cocoa futures wilt

16 Jul, 2005

US cocoa futures prices closed modestly weaker Friday, with a rising dollar putting slight pressure on the market in an otherwise uneventful trading session, traders said. The New York Board of Trade's most-active September cocoa contract settled at $1,405 a tonne, down $4 after changing hands in a narrow range from $1,401 to $1,417.
December eased $6 to $1,436 a tonne, while back-month contracts finished down $4 to $6.

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