US MIDDAY: cocoa, coffee and sugar climb

10 Jun, 2009

Summaries of the ICE Futures US cocoa, coffee and sugar markets early on Tuesday. July arabica coffee contract gained 1.65 cents to trade at $1.3170 per lb at 11:04 am EDT (1504 GMT). Session range from at $1.2875 to $1.3385.
Arabica futures consolidated higher after Monday's steep drop, with a boost from the weak US dollar, said traders. July raw sugar contract rose 0.13 cent to 15.50 cents per lb at 11:05 am. Trading range from 15.34 to 15.59 cents. Benchmark September cocoa contract jumped $70 to $2,784 per tonne at 11:05 am. Session range from $2,717 to $2,802.

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