Cocoa coffee future prices august 20 2015 Cocoa futures edged up on technically driven buying. New York and London cocoa markets extended gains above 100-day moving averages, and were underpinned by concerns over dryness in parts of top growers Ivory Coast and Ghana.
New York December cocoa ended up $19, or 0.6 percent, at $3,135 a tonne, while London December cocoa closed up 7 pounds, or 0.3 percent, at 2,082 pounds.
, arabica prices fell on heavy selling in the September contract ahead of its first notice day on Friday, traders said, with open interest still heavy at 10,580 lots on Wednesday.
December arabica finished down 2.35 cents, or 1.7 percent, at $1.3245 per lb.
The robusta coffee front-month discount grew to the biggest since late-May in a third day of volatile dealings. Dealers are watching it closely after the July contract surged unexpectedly to a steep premium ahead of its delivery.
September robusta coffee closed down $30, or 1.8 percent, at $1,639 per tonne.
New York December cocoa ended up $19, or 0.6 percent, at $3,135 a tonne, while London December cocoa closed up 7 pounds, or 0.3 percent, at 2,082 pounds.
, arabica prices fell on heavy selling in the September contract ahead of its first notice day on Friday, traders said, with open interest still heavy at 10,580 lots on Wednesday.
December arabica finished down 2.35 cents, or 1.7 percent, at $1.3245 per lb.
The robusta coffee front-month discount grew to the biggest since late-May in a third day of volatile dealings. Dealers are watching it closely after the July contract surged unexpectedly to a steep premium ahead of its delivery.
September robusta coffee closed down $30, or 1.8 percent, at $1,639 per tonne.
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