US MIDDAY: cocoa advances

09 Dec, 2005

US cocoa futures advanced Thursday for the second consecutive day, fuelled by a lack of producer selling and a flagging dollar, market sources said.
The New York Board of Trade's (NYBOT) active March> cocoa contract rose $13, or 0.9 percent, to conclude at $1,463 tonne, after trading from $1,442 to $1,468. May cocoa advanced $12 to end at $1,481, while back month contracts gained $11 to $12.

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