US cocoa futures moved quietly lower in early trade on Tuesday, on follow-through weakness after a volatile session Monday, while arabica coffee futures inched higher with a boost from the weak dollar, traders said. ICE Futures US agricultural products will trade in regular hours Wednesday and will close Thursday for New Year's Day.
Arabica coffee for March delivery was up 0.75 cent at $1.0740 per lb by 9:00 am EST (1400 GMT). Benchmark March cocoa was down $26 at session low $2,525 per tonne by 9:01 am, with volume at 1,562 lots.