Arabica coffee futures were little changed in early trade on Monday, consolidating after rallying to a two-month high Friday, while US cocoa fell in tandem with the British pound against the dollar, traders said. Arabica coffee for March delivery down 0.05 cent to $1.1685 per lb by 9:11 am EST (1411 GMT). Trading range from $1.1540 to $1.1885. March volume at 2,937 lots.
The rest ranged from 0.15 to cent lower to 0.95 cent higher. Meanwhile benchmark March cocoa down $27 at $2,558 per tonne by 9:12 am, with volume at 2,196 lots. Session range from $2,530 to $2,585. The rest from $22 to $46 lower.