date:Aug 26, 2014
entals. ICE December arabicas rose 0.30 cent, or 0.2 percent, to close at $1.8765 per lb, after rising to $1.8990. Cocoa futures turned higher in thin dealings, remaining just below the highest level in more than three years at $3,269 per tonne, which was reached a week ago.
You have some early day traders who went short and some saw they were a little vulnerable. It's just a little short-covering, said Nick Gentile, managing partner of commodity trading adviser NickJen Capital in New York. Be