date:Aug 05, 2014
irst three minutes of trade, when the price soared to the session high at 17.26 cents, the highest since July 24. October whites on Liffe slipped $1, or 0.2 percent, to settle at $434.70 a tonne.
In cocoa, fund buying helped benchmark ICE September futures hit a three-year high of $3,239 per tonne before the contract turned lower to close down $12, or 0.4 percent, at $3,195 a tonne in heavy volume. It's purely fund buying, a London-based broker said, referring to the market's earlier strength.