date:May 16, 2013
ventories with a valid grading certificate in warehouses monitored by NYSE Liffe were 89,580 metric tons as of April 29, exchange data showed. Beans under other categories were 52,570 tons and the delivery for the expired March futures contract was 72,350 tons.
The spread should stay firm until the last trading day on speculation of limited supplies in European warehouses, Jerome Jourquin, head of agricultural commodity derivatives at Aurel BGC in Paris, told Bloomberg.