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Coffee and cocoa trading follows New York

25 July 1997
Coffee and cocoa trading follows New York

Coffee and cocoa trading took its lead from New York yesterday.

There was a moderate rally in coffee prices on the London International Futures Exchange with the September contract up $18 a tonne to $1,578. Prices were driven by developments on the Coffee, Sugar and Cocoa Exchange in New York.

Cocoa trading on Liffe also followed New York. The London September future touched a new low of 965 a tonne. The later strengthening was due to the September contract powering ahead on the CSCE, where it closed up $19 to $1,516 a tonne.

  • Financial Times 25/07/97 page 27

    • Read more on:
    • News

    Coffee and cocoa trading follows New York

    25 July 1997
    Coffee and cocoa trading follows New York

    Coffee and cocoa trading took its lead from New York yesterday.

    There was a moderate rally in coffee prices on the London International Futures Exchange with the September contract up $18 a tonne to $1,578. Prices were driven by developments on the Coffee, Sugar and Cocoa Exchange in New York.

    Cocoa trading on Liffe also followed New York. The London September future touched a new low of 965 a tonne. The later strengthening was due to the September contract powering ahead on the CSCE, where it closed up $19 to $1,516 a tonne.

  • Financial Times 25/07/97 page 27

    • Read more on:
    • News
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