US MIDDAY: coffee mixed on intentional licenses suspension

30 Sep, 2005

US coffee futures ended narrowly mixed Thursday after investors warily digested news about an intentional suspension of licenses of warehouses holding exchange-certified coffee in hurricane-stricken New Orleans, traders said.
The New York Board of Trade's active arabica contract for December delivery settled at 92.95 cents a lb., up just 0.05 cent after trading in a wide range from 91.75 to 95 cents. The peak trade was the highest since September 12. Among other arabicas, March lost 0.05 cent to end at 96.25 cents a lb. Back month contracts finished down 0.05 to 0.55 cent.

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