New York Board of Trade nearby coffee futures ended up 0.5 percent Thursday as market players reined in earlier gains led by strong technical signals, traders said. The NYBOT's front-month September arabica contract rose 0.50 cent to $1.0625 a lb, after trading from $1.0550 to a fresh 3-week high of $1.0850.
Among other arabica contracts, December likewise gained 0.50 to finish at $1.1080 and the back months advanced 0.30 to 0.45 cent.
Volume amounted to an estimated 11,583 contracts, up from the previous day's tally of 10,849 lots.