US MIDDAY: cocoa firmer

17 Aug, 2006

US cocoa futures ended on higher ground Wednesday, boosted by a combination of currency-related activity, speculative buying and limited producer selling, traders said.
New York Board of Trade benchmark cocoa for December delivery rose $23 to settle at $1,594 a tonne after trading from $1,563 to $1,610.
Longer-dated cocoa futures advanced $24 and front-month September, which has its first notice for delivery on August 18, gained $17 to conclude at $1,541.

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