US MIDDAY: cocoa firmer

14 Jun, 2006

Nearby cocoa futures eked out modest gains Tuesday, underpinned by light industry buying in line with trade support in London, market sources said.
The New York Board of Trade's active cocoa contract for September delivery finished up just $1 at $1,491 a tonne, after trading from $1,486 to $1,502. Front-month July, which has its first notice for delivery on June 19, advanced $7 to $1,478. Back-month cocoa contracts concluded flat to down $1.

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