Search This Blog

Monday, March 14, 2011

LIFFE COFFEE, COCOA & SUGAR CLOSE REVIEW

* Liffe May white sugar falls $7.60 to close at  $720.00 a tonne. Prices slide along with other commodity markets  after a huge earthquake and tsunami struck Japan.
 
* Liffe May robusta coffee ends down $87 at $2,421 a tonne, also caught up in the sell-off in commodities. Downward  correction also seen overdue following recent strong advance.
 
* Liffe May cocoa ends down 16 pounds at 2,226  pounds a tonne. Market weighed by broad-based setback in  commodity markets but the conflict in Ivory Coast limits losses. *******