US MIDDAY: coffee and cocoa firm

28 May, 2008

Arabica coffee futures on ICE Futures US were up slightly in early trade Tuesday, and cocoa mirrored the rise in London prices as US traders returned from a long holiday weekend, traders said. July arabica contract was up 0.40 cent at $1.344 per lb at 9:08 am EDT (1308 GMT), trading $1.342 to $1.354. The rest rose 0.35 to 0.90 cent.
July cocoa contract gains $23 to $2,600 per tonne by 9:15 am. Sets range from $2,577 extending up to $2,625.

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