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Wednesday, April 27, 2011

LONDON Coffee and Cocoa market close review for today, April 27, 2011

* Liffe July robusta coffee rose $34 to close at  $2,536 a tonne after setting a contract high of $2,555. Robustas  finally gained some ground on the arabica market following a  prolonged decline in its relative value.

* Liffe July cocoa ended 20 pounds higher at 1,927  pounds a tonne. Traders are monitoring the situation in top  grower Ivory Coast, where the cocoa sector is set to resume  operations within days following a violent post-election  conflict.
Source : Reuters