Friday, February 11, 2011

Coffee cocoa, Wheat Prices By Friday on LIFFE and NYBOT

Coffee cocoa, Wheat Prices By Friday on LIFFE and NYBOT :
SUGAR:
Sugar futures fell on profit-taking after striking a 30-year peak last week on fears about the impact of Cyclone Yasi on production in Australia. By Friday on the New York Board of Trade (NYBOT), the price of unrefined sugar for delivery in March fell to 31.52 US cents a pound from 32.81 cents a week earlier.

On LIFFE, London's futures exchange, the price of a tonne of white sugar for March dropped to STG756.20 from STG801.90 a week earlier.

GRAINS AND SOYA: Prices advanced again to their best levels since 2008, as the market was driven once again by supply concerns.

By Friday on the Chicago Board of Trade, March-dated soyabean meal - used in animal feed - rose to $14.21 a bushel from $14.33 a week earlier.

Maize for delivery in March grew to $7.00 a bushel from $6.78.

Wheat for March increased to $8.58 from $8.53.

COCOA: Cocoa edged higher as traders remained jittery about ongoing political uncertainty in top global producer Ivory Coast. By Friday on LIFFE, cocoa for March rose to STG2182 a tonne from STG2154 a week earlier.

On NYBOT, cocoa for delivery in March increased to $3346 a tonne from $3279 a week earlier.

COFFEE: Prices hit fresh multi-year peaks on the back of fears about tight global supplies. By Friday on NYBOT, Arabica for delivery in March firmed to 254.15 US cents a pound from 250.20 cents a week earlier.
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