US MIDDAY: cocoa mixed

17 Jun, 2006

Cocoa futures settled mixed on Friday, unable to find direction after non-commercial players rolled their remaining positions from the front-month contract before its first delivery notice next week, traders said.
The New York Board of Trade's active cocoa contract for September delivery settled up $2 at $1,539 a tonne, the loftiest since May 19, after trading from $1,516 to $1,555.
Front-month July dipped $2 to end at $1,525, while back months concluded flat to down $2.

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