US MIDDAY: coffee futures slip

02 Sep, 2006

Arabica coffee futures finished in the red Friday amid benign Brazilian crop weather, though buoyant robusta values in London helped to limit the selling here before the three-day weekend, traders said.
The New York Board of Trade's arabica coffee contract for December delivery dipped 0.40 cent to settle at $1.0760 a lb after trading from $1.0660 to $1.0845. March delivery eased 0.45 cent to end at $1.1140 a lb and back months declined 0.30 to 0.75 cents.

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