US MIDDAY: cocoa falls

20 May, 2006

US cocoa futures settled in negative territory in active turnover Friday, depressed by broad-based selling in commodities amid a rebounding dollar, traders said.
The New York Board of Trade's active cocoa contract for July delivery fell $21 to settle at $1,529 a tonne, having dealt from $1,509, a two-week low, to $1,545. September cocoa shed $20 to end at $1,551 a tonne, and back months lost $18 to $19 from the previous day.

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