New York, April 04, 2005. (Hencorp) Arabica coffee futures were called to open 0.50 cents lower Monday . In London, the May contract opened $12 lower on follow through spec sales and never regained any ground over the session. Specs and trade pressured prices with buying coming from roasters, profit-takers and new buyers who see this as part of a correction before a bounce back. 834 May were crossed outright to boost turnover

NYBOT Coffee Futures to Open 50 Lower Switches

(Traded values - figures in brackets are notable volumes)

 

                        Trades                          Volume
SWS    KN:     -29/-27                             200
KU:    -52                                  200
KX:   
NU:  
NX:   -46                                    200
UX:      
UF:
 


Volume            3609   Lots

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