Home
»
Softs
»
DJ MARKET TALK Liffe Coffee Up On Currencies Holidays Ahead
Coffee, Sugar, Cotton, etc...
2/12/2010 12:54:26 AM
 kevinsnguyen Posts: 0
|
DJ MARKET TALK: Liffe Coffee Up On Currencies; Holidays Ahead
Thu Feb 11 13:25:19 2010 EST
http://commodityvn.com/news/?p=1895
1824 GMT [Dow Jones] Liffe robusta coffee futures trade higher, retaining some of its gains from currencies moves earlier in the day, says Sucden. âLondon (closed) on a positive tone but the range was relatively tight and upside was tempered by Origin selling ahead of the Tet holiday,â Sucden adds. The March-May spread was in focus as it held at -30 mid range and accounted for 50% of the volume, the brokerage house adds. âA long weekend in the U.S. and the Tet holiday may leave the markets somewhat thin in coming days,â Sucden says. March $6, or 0.5%, at $1,331/ton. (JAM)
|
|
• permalink
• reply with quote
|
Home
»
Softs
»
DJ MARKET TALK Liffe Coffee Up On Currencies Holidays Ahead